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Question 8
Your paycheck this week is $241. You deposited $114 of it in a savings account that
pays an interest rate of 3.9%, COMPOUNDED QUARTERLY. If you leave your money
for 2 years, how much will you have? (HINT: n = 4)
O $123.20
O $123.07
O $124.00
O $152.15
2 pts



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