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You invest $5,000.00 with 5% quarterly compounded interest. You add $1,000.00 each year. At the end of five years, you will have______________. a $10,228.50 b $9,228.50 c $11,228.50 d $12,228.50 ASAP
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You invest $5,000.00 with 5% quarterly compounded interest. You add $1,000.00 each year. At the end of five years, you will

have______________.

a
$10,228.50
b
$9,228.50
c
$11,228.50
d
$12,228.50
ASAP

User Bahrom
by
4.2k points

1 Answer

3 votes
Shi I would say b . A is too much and so is d
User Erik Skoglund
by
4.3k points
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