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What is the future value of $500 invested at 8.94% compounded quarterly for 12.5 years (rounded to nearest $1)? Select one: O a. $1,617 O

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What is the future value of $500 invested at 8.94% compounded quarterly for 12.5 years (rounded to nearest $1)? Select one: O a. $1,617 O b. $46,739 O c. $670 O d. $1,510 O e. None of these solutions is correct

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