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Four years ago, Sandy deposited $11,000 into an account at Lithgow Bank that pays an interest rate of 3% per annum, compounded quarterly. The accumulated
Four years ago, Sandy deposited $11,000 into an account at Lithgow Bank that pays an interest rate of 3% per annum, compounded quarterly. The accumulated balance six years from now will be
Select one:
a.
$13,872.04
b.
$15,720.94
c.
$14,783.08
d.
$14,831.83
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