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You deposit $4,000 into a bank that pays an APR of 14% on deposits with the interest compounded quarterly. What is your balance in the
You deposit $4,000 into a bank that pays an APR of 14% on deposits with the interest compounded quarterly. What is your balance in the bank after 3 quarters? Round all your calculations to at least 4 decimal places. Round your answer to 2 decimal places, for example 100.12.
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