Solve the problem.June made an initial deposit of $4700 in an account for her son. Assuming an interest rate of 8% compounded quarterly, how much will the account be worth in 12 years?
A. $12,047.53
B. $7710.85
C. $11,920.81
D. $12,159.23
Answer: D
Mathematics
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?
?
A.
B.
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D.
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