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You just deposited $5,000 in a bank account that pays an 10.0% nominal interest, compounded quarterly (14=10%). If you also add another $2,500 to the
You just deposited $5,000 in a bank account that pays an 10.0% nominal interest, compounded quarterly (14=10%). If you also add another $2,500 to the account one year from now and another $3,000 to the account two years from now, how much will be in the account three years from now? O $13,081.89 $25,443.41 O $8,812.29 O $11,086.02
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