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QUESTION 8 You deposit $100 in an account that pays 8 percent annual interest, compounded quarterly. What will your deposit grow to in 5 years?

QUESTION 8 You deposit $100 in an account that pays 8 percent annual interest, compounded quarterly. What will your deposit grow to in 5 years? $122.02 $105.10 $135.41 $140.90 $148.59

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