Multiple Choice
Solve the problem.
-An initial investment of $480 is appreciated for 3 years in an account that earns 13% interest, compounded quarterly. Find the amount of money in the account at the end of the period.
A) $704.57
B) $682.39
C) $224.57
D) $692.59
Correct Answer:
Verified
Correct Answer:
Verified
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