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Cody's account at 4.5 per cent compounded how many times a year?
AFive
BNine
CSeven
DFour
Answer & Solution
Correct answer: D. Four
1. Cody invested $7,500 in that account.
2. The section states the count in brackets.
3. It compounded four times per year.
_Source: OpenStax, Contemporary Mathematics, Ch 6 'Money Management'_
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