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Find the amount that results from the investment of $12,000 invested at 5% compounded quarterly after a period of 8 years. a. $5857.57 b. $17,729.47

Find the amount that results from the investment of $12,000 invested at 5% compounded quarterly after a period of 8 years.

a. $5857.57

b. $17,729.47

c. $17,857.57

d. $17,637.10

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