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Find the Amount That Results from the Investment $\$ 480$ Invested At

Question 111

Multiple Choice

Find the amount that results from the investment.
- $\$ 480$ invested at $16 \%$ compounded quarterly after a period of 9 years

A) $\$ 1,894.12$
B) $\$ 1,825.42$
C) $\$ 1,969.89$
D) $\$ 1,489.89$

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