Question: 3. A developer sells a small lot that he had owned for 380,000. He deposited the money into an account that pays 4.6% compounded quarterly.

3. A developer sells a small lot that he had owned for 380,000. He deposited the money into an account that pays 4.6% compounded quarterly. In five years, he plans to use the money in the account to pay off a debt. How much money will he have

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