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Ryan has just deposited $10,000 in a bank account. The account pays 12% interest, compounded quarterly. How much will Ryan have in the account at
Ryan has just deposited $10,000 in a bank account. The account pays 12% interest, compounded quarterly. How much will Ryan have in the account at the end of seven years? (Round your answer to the nearest dollar.)
| $4,371 | |
| $4,523 | |
| $18,400 | |
| $22,107 | |
| $22,879 | |
| $29,987 |
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