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Suppose $600 is deposited into an account every quarter. The account earns 5% interest, compounded quarterly. What is the future value of the account in
Suppose $600 is deposited into an account every quarter. The account earns 5% interest, compounded quarterly. What is the future value of the account in 5 years?
a. $13,537.79 b. $58,554.70 c. $61,537.79 d. $12,000.00
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