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Homework answers / question archive / A person opens a bank account with a deposit of $150 what is the future value of this amount after 3 years if the interest rate is 8% compounded quarterly? Select one: a

A person opens a bank account with a deposit of $150 what is the future value of this amount after 3 years if the interest rate is 8% compounded quarterly? Select one: a

Finance

A person opens a bank account with a deposit of $150 what is the future value of this amount after 3 years if the interest rate is 8% compounded quarterly? Select one:

a. $190.23

 

b. $300

 

c. 188.20

 

d. 166.29

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