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you invest $1000 in an account that pays interest at 12% annual rate, compunded quarterly. How much would you invetment grow to in 5 years.

you invest $1000 in an account that pays interest at 12% annual rate, compunded quarterly. How much would you invetment grow to in 5 years. a.1,600; b. 1,806; c. 1,762; d. 1,272

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