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Kayla hopes to purchase a new car in five years. If she deposits $10,000 today in an account that pays7% compounded quarterly, how much will

Kayla hopes to purchase a new car in five years. If she deposits $10,000 today in an account that pays7% compounded quarterly, how much will she be able to spend on the new car in five years? A. $14,147.78 B. $14,025.52 C. $15,000.00 D. $13,500.00 E. $10,700.00

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