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What is the future value of the initial $2,000 deposit after 5 years? We assume current interest rate is 12%, compounded quarterly. Please provide calculation.
What is the future value of the initial $2,000 deposit after 5 years? We assume current interest rate is 12%, compounded quarterly. Please provide calculation.
A. $3,633
B. $3,535
C.$3,598
D.$3,612
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