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Use this information to answer the following question. Use this information to answer the following question.    -A deposit of $5,800 made at the end of each year for three years would grow to how much,assuming an APR of 12 percent? A) $8,149.00 B) $19,569.20 C) $17,400.00 D) $19,488.00
-A deposit of $5,800 made at the end of each year for three years would grow to how much,assuming an APR of 12 percent?


Definitions:

Equity

The ownership interest of shareholders in a corporation, represented by their shares.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the corporation's profits.

Equity

Refers to the ownership interest held by shareholders in a corporation, measured by the portion of the company's capital that they own outright without any debts.

Dividends

Payments made by a corporation to its shareholders, typically from profits.

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