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tetleyelmo tetleyelmo
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7 years ago
Kayla hopes to purchase a new car in five years. If she deposits $10,000 today in an account that pays 7% compounded quarterly, how much will she be able to spend on the new car in five years?
A) $14,025.52   
B) $10,700.00   
C) $14,147.78   
D) $13,500.00   
E) $15,000.00
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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