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You just deposited $1,000 into an account that pays 10.0% percent nominal annual interest, compounded quarterly. How much will you have in your account in
You just deposited $1,000 into an account that pays 10.0% percent nominal annual interest, compounded quarterly. How much will you have in your account in 5 years?
Group of answer choices
$1,629
$1,611
$1,639
None of these are correct.
$1,645
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