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Today, Thomas deposited $120,000 in a three-year, 8% investment account that compounds quarterly. What is the maturity value of the investment account? Multiple Choice $151,165

Today, Thomas deposited $120,000 in a three-year, 8% investment account that compounds quarterly. What is the maturity value of the investment account?

Multiple Choice

$151,165
$152,189
$156,789
$148,80

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