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A) $283941
B) $2844

Question 8

Multiple Choice

 Find the compound interest.  Principal  Rate  Compounded  Time $300019.5% Quarterly 3.5 years \begin{array}{l}\text { Find the compound interest. }\\\begin{array} { c | c | c | c } \text { Principal } & \text { Rate } & \text { Compounded } & \text { Time } \\\hline \$ 3000 & 19.5 \% & \text { Quarterly } & 3.5 \text { years }\end{array}\end{array}


A) $2839.41
B) $2844.70
C) $2841.56
D) $2831.45

Correct Answer:

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