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Q.2 Ron invests $5,000 today in an account that pays 8% APR with quarterly compounding. How much will he have in the account in 5
Q.2 Ron invests $5,000 today in an account that pays 8% APR with quarterly compounding. How much will he have in the account in 5 years? Answer to the nearest dollar.
$7347 | ||
$7430 | ||
$3403 | ||
$30,372 | ||
$3365 | ||
$29,333 |
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