Question: A bank is offering 16 percent compounded quarterly. If you put $200 in an account, how much will you have at the end of one

A bank is offering 16 percent compounded quarterly. If you put $200 in an account, how much will you have at the end of one year? Whats the EAR? How much will you have at the end of two years?

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Question: A bank is offering 16 percent compounded quarterly. If you put $200 in an account, how much will you have at the end of one

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