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What principal earning 16% compounded quarterly will grow to $8,500 after six years and three months? A) $448.66 B) $22,659.61 C) $3,188.49 D) $3,361.68 E)

What principal earning 16% compounded quarterly will grow to $8,500 after six years and three months?
A) $448.66
B) $22,659.61
C) $3,188.49
D) $3,361.68
E) $3,147.71

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