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QUESTION 20 Kesha is planning to save $52 every quarter for 7 years. She plans to make her first quarterly contribution to her account later

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QUESTION 20 Kesha is planning to save $52 every quarter for 7 years. She plans to make her first quarterly contribution to her account later today. If she expects to have 53,114.99 in her account in 7 years from today, then what is the EAR that she expects to earn on her account? a. 19.44% (plus or minus 0.05 percentage points) b. 22.78% (plus or minus 0.05 percentage points) C. 20.90% (plus or minus 0.05 percentage points) d. 22.29% (plus or minus 0.05 percentage points) The correct answer is 0.00% or a negative number, or the correct answer is a positive number. but none of the above is within 0.05 percentage points of the correct answer e

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