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Posted on Aug 05, 2024

Suppose that every 3 months, you deposit $ 6 8 9 into a savings account whose annual rate is 1 . 2 % with quarterly

Suppose that every

3

months, you deposit $

689

into a savings account whose annual rate is

1.2 %

with quarterly compounding. How much will you have in the account after

12

years? Round your answer to the nearest dollar.

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