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Drexel Corporation has been enjoying a phenominal rate of growth since its inception one year ago. Currently, its assets total $180,000. If growth continues at

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Drexel Corporation has been enjoying a phenominal rate of growth since its inception one year ago. Currently, its assets total $180,000. If growth continues at the current rate of 24% per year, compounded quarterly, what will their total assets be in 21/2 years? (Choose the closest value). a. $208,227 b. $322,353 c. $155,599 d. $1,246,997 e. $1,042,037

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