Company X deposits $200,000 in a bank account for 10 years. Interest is 12% compounded...

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Accounting

Company X deposits $200,000 in a bank account for 10 years. Interest is 12% compounded quarterly. What is the value of the deposit at the end of the ten year period? Group of answer choices

$621,170

$61,312

$64,394

$652,408

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