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You have $10,000 to deposit. Regency Bank offers 12 percent per year compounded quarterly (3 percent per quarter). How much will your investment be worth

You have $10,000 to deposit. Regency Bank offers 12 percent per year compounded quarterly (3 percent per quarter). How much will your investment be worth in 20 years at the bank? A 96,462.93 B 106,408.91 108,925.54 D 97,462.93

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