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Loretta Deposits $350 Every Quarter into a Savings Account That

Question 23

Multiple Choice

Loretta deposits $350 every quarter into a savings account that earns 4.5% interest compounded quarterly.What is the balance after 7 years?


A) $10,312.63
B) $11,344.18
C) $11,444.27
D) $12,477.74

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