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Suppose you invest $1,000 today, compounded quarterly, with the annual interest rate of 5.00%. What is your investment worth in one year? A) $1,025.00 B)

Suppose you invest $1,000 today, compounded quarterly, with the annual interest rate of 5.00%. What is your investment worth in one year? A) $1,025.00 B) $1,050.95 C) $1.025.27 D) $1,500.95

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