SOLUTION: A person invested $7200 for 4 years at 5.1% a interest compounded monthly. Calculate the interested earned
a) 8825.23 b) 1625.53 c) 8785.03 d) 8668.80
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Question 1102587: A person invested $7200 for 4 years at 5.1% a interest compounded monthly. Calculate the interested earned
a) 8825.23 b) 1625.53 c) 8785.03 d) 8668.80
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
$8826
-
8826-7200=1626, amount of interest earned
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