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If Trey opens an account with $7,500 and plans on depositing $1,500 every year-end, how much will he have accumulated at the end of 7

If Trey opens an account with $7,500 and plans on depositing $1,500 every year-end, how much will he have accumulated at the end of 7 years if the rate the bank gives is 5% APR with quarterly compounding? A. $49,481 B. $25,800 C. $22,686 D. $27,806

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