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9 February, 15:13

Olga deposited $1,500 in a savings account that pays 7.5% interest, compounded quarterly. What is the balance in her account at the beginning of the fourth quarter?

a. $1,590

b. $1,560

c. $1,585.97

d. $1,591.81

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  1. 9 February, 15:37
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    The balance in Olga's account at the beginning of the fourth quarter is d. $1,591.81
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