Drexel Corporation has been enjoying a phenomenal rate of growth since its inception one year ago. Currently, its assets total $100,000
If growth continues at the current rate of 12% compounded quarterly, what will total assets be in 2 1/2 years? (Round to the nearest whole dollar)
A) $142,571
B) $126,678
C) $148,016
D) $136,855
E) $134,392
E
Business
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