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Suppose you put $1000in a savings account at an APR of 8% compounded quarterly. Fill in the table below. (Calculate the interest and compound it
Suppose you put $1000in a savings account at an APR of 8% compounded quarterly. Fill in the table below. (Calculate the interest and compound it each quarter rather than using the compound interest formula. Round your answers to the nearest cent.)
Quarter Interest Earned Balance
$1000.00
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