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Theo wishes to invest $8,500 today in a money market fund that pays quarterly interest at 8.5%. How much will Theo have at the end

Theo wishes to invest $8,500 today in a money market fund that pays quarterly interest at 8.5%. How much will Theo have at the end of 5 years (to the nearest dollar)? (Use m-times compounding interest rate) Group of answer choices $12,944 $11,740 $13,231 $11,421

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