you want to have 3000 in your bank account after 5 years how much should you deposit into a bank account that pays 3 25 interest compounded quarterly round to the nearest dollar

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You want to have $3000 in your bank account after 5 years. How much should you deposit into a bank account that pays 3.25% interest compounded quarterly? Round to the nearest dollar.

Answer A. $2551

Answer B. $2881

Answer C. $3527

Answer D. $2552

 
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