Multiple Choice
If $3,000 is deposited at the beginning of each quarter into an account that earns 6% compounded quarterly, how long until the account contains $42,000? Express your answer as a whole number of quadrants.
A) 14 quarters
B) 13 quarters
C) 15 quarters
D) 16 quarters
E) 10 quarters
Correct Answer:

Verified
Correct Answer:
Verified
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