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Question 4 (1 point) Case 3: Suppose, you invest $500 in an account that pays a nominal rate of 12%, compounded quarterly. How much would

Question 4 (1 point) Case 3: Suppose, you invest $500 in an account that pays a nominal rate of 12%, compounded quarterly. How much would you earn after five years? $867 $903 $1000 $950

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