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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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