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How much will $8,000 grow to in five years, assuming an interest rate of 8% compounded quarterly? Note: Use tables, Excel, or a financial
How much will $8,000 grow to in five years, assuming an interest rate of 8% compounded quarterly? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of $1. PV of $1 .EVA of $1, and PVA of $1). Multiple Choice $11,755 $10,989 $12.013
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