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He placed $22,000 into an account and let it grow at 12% compounded quarterly for 27 years. Approximately how much will Pearce have accumulated in
He placed $22,000 into an account and let it grow at 12% compounded quarterly for 27 years. Approximately how much will Pearce have accumulated in 2022 (27 years later)?
$469,100
$511,600
$535,600
$552,800
$561,400
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