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26 June, 09:00

An investment account pays 5.4% interest compounded quarterly. If

$4,000 is placed in this account, find the balance after 8 years. (Round to

the nearest cent).

O

A) $126,539.40

B) $6:092.35

O

O

C) $6,143.56

O

D) $21,525.81

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Answers (1)
  1. 26 June, 09:01
    0
    The Correct Answer is C
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