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Jane has a 90-day bank Certificate of Deposit that pays 8% compounded quarterly. She is starting with $2,000 and adding $100 at the beginning of
Jane has a 90-day bank Certificate of Deposit that pays 8% compounded quarterly. She is starting with $2,000 and adding $100 at the beginning of each quarter, starting now. How much will Jane have in her account in five years?
$5,241,20 | ||
$5,450.23 | ||
$5,671.02 | ||
$5,401.63 |
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