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. A 2-year certificate of deposit is purchased for k dollars. If the certificate earns interest at an annual rate of 6 percent compounded quarterly, which of the following represents the value, in dollars, of the certificate at the end of the 2 years ? (A) (1.06)2k (B) (1.06)8k (C) (1.015)2k (D) (1.015)8k (E) (1.03)4k