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If $100 is placed in an account earning a nominal 4%, compounded quarterly, what will it be worth in 5 years? Answer A)$135.41 B)$117.48 C)$120.90

If $100 is placed in an account earning a nominal 4%, compounded quarterly, what will it be worth in 5 years? Answer A)$135.41 B)$117.48 C)$120.90 D)$105.10 E)$122.02

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