Based on quarterly compounding

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Reference no: EM13727350

Suppose you deposit $55 each period into an account that has a APR of 9%, based on quarterly compounding. How much will you have in the account in 35 years?

A. 22,483.60

B.37,890.87

C. 44,991.07

D. 49,689.81

E. 52,641.97

Reference no: EM13727350

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