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06-10-2017
Mathematics

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Olga deposited $1,500 in a savings account that pays 7.5% interest, compounded quarterly. What is the balance in her account at the beginning of the fourth quarter?
a. $1,590
b. $1,560
c. $1,585.97
d. $1,591.81

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06-10-2017

The balance in Olga's account at the beginning of the fourth quarter is d. $1,591.81

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