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You have deposited $1500 in an account that promises to pay 8% (yearly interest rate). The interest is compounded quarterly. How much will you have

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You have deposited $1500 in an account that promises to pay 8% (yearly interest rate). The interest is compounded quarterly. How much will you have at the end of 5 years? $1,598.33 $2,228.92 $2,203.99 $6,991.44

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