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    College Algebra Study Set 3
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    Exam 9: Sequences; Induction; the Binomial Theorem
  5. Question
    Solve. -Domenica Invests $250 Each Quarter in a Fixed-Interest Mutual Fund
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Solve. -Domenica Invests $250 Each Quarter in a Fixed-Interest Mutual Fund

Question 51

Question 51

Multiple Choice

Solve.
-Domenica invests $250 each quarter in a fixed-interest mutual fund paying annual interest of 7%compounded quarterly. How much will her account have in it at the end of 11 years?


A) $16,363
B) $3,946
C) $49,343
D) $16,492

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