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Kim Tayes invests 8 000 in a certificate of deposit for 1 year The certificate earns interest at an annual rate of 4 25 compounded

Kim Tayes invests 8 000 in a certificate of deposit for 1 year The certificate earns interest at an annual rate of 4 25 compounded quarterly What is the amount 8 645 46 8 222 46 O 8 345 46

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