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= Quiz: Quiz 1 Chapter 2 Question 14 of 15 This quiz: 15 point(s) possible This question: 1 point(s) possible Submit quiz A principal of

= Quiz: Quiz 1 Chapter 2 Question 14 of 15 This quiz: 15 point(s) possible This question: 1 point(s) possible Submit quiz A principal of $480 is invested in an account paying an annual interest rate of 18%. Using the formula A = P|1+ -, find the amount in the account after 8 years if the account is compounded quarterly

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