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    You Deposit $5,000 Today in an Account Drawing 12% Compounded
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You Deposit $5,000 Today in an Account Drawing 12% Compounded

Question 45

Question 45

Multiple Choice

You deposit $5,000 today in an account drawing 12% compounded quarterly. How much will you have in the account at the end of 2 1/2 years?


A) $7,401
B) $5,523
C) $7,128
D) $6,720

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