You invest in your savings account $2051 today, $1600 at the end of year one...
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Accounting
You invest in your savings account $2051 today, $1600 at the end of year one and $1600 at the end of year two. If the interest rate is 14.9% per annum, compounded quarterly, then the amount you will have in exactly three years is closest to: O a. $6046.87 O b. $7061.91 O c. $6001.72 O d. $7176.89
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