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Question 15 1 points Save Answer You have us inherited $10,000 and plan to deposit it immediately in a bank account that pays interest in

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Question 15 1 points Save Answer You have us inherited $10,000 and plan to deposit it immediately in a bank account that pays interest in three years, your account balance under monthly and quarterly compoundins would be closest to $12.702 with monthly compounding and it is lower than under quarterly compounding 512.702 with monthly compounding and it is higher than under quarterly compounding $12.682 with monthly compounding and it is higher than under quarterly compounding $12.682 with monthly compounding and it is lower than under quarterly compounding

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