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Conchita Martinez saves $17.25 at the end of each month and deposits the money in an account paying 4.96% compounded quarterly. You want to know

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Conchita Martinez saves $17.25 at the end of each month and deposits the money in an account paying 4.96% compounded quarterly. You want to know how much of the accumulated amount is interest ind (the equivalent rate of Interest per payment period) Select one a. 0.0187447 b. 0.0099505 C. 0.0045806 O d.o.00248452

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