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Assume you make a deposit of 7,500 JD now into a saving account that pays 12% per year, compounded quarterly. If you want to know

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Assume you make a deposit of 7,500 JD now into a saving account that pays 12% per year, compounded quarterly. If you want to know the total amount after 2 years, the value of interest rate (1) you should use in the F/P factor is: Select one: a. 12% b. 24% C4% d. 3%

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