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Assume Matthew wants to save for a down payment on a new hybrid car. If he deposits $5,000 in a savings account today with an
Assume Matthew wants to save for a down payment on a new hybrid car. If he deposits $5,000 in a savings account today with an interest rate of 4% compounded quarterly, how much will he have in 5 years (rounded to the nearest dollar)? Question 9 options: $4,098 $6,327 $6,101 $10,956 2.54 nm
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