Question: Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. 6) $$ 1200$ deposit

Use the compound interest formula for compounding more than once a

Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. 6) $\$ 1200$ deposit at an APR of $4 \%$ with quarterly compounding for 2 years A) $ $ 1296.00$ B) $1$ 1224.12$ C) $1$ 1297.92$ D) $1$ 1299.43$ CS.VS. 1323|

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