yasmin7542 yasmin7542

02-01-2024
Business

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First Central Bank pays 6% interest compounded quarterly on regular savings accounts. Jay Shaw made a single deposit of $6500 for 3 years. He made no other deposits or withdrawals. Find the compound interest.
A) $1,285.70
B) $1,332.68
C) $1,429.04
D) $1,562.44

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