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If you deposit $1,000 in an account that compounds quarterly at 8 percent interest, the amount of your account at the end of 5 years

If you deposit $1,000 in an account that compounds quarterly at 8 percent interest, the amount of your account at the end of 5 years will be

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$1,104.10.

$1,469.30.

$4,661.00.

$1,485.90.

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