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    Exam 13: Personal Financial Management
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    Find the Compound Interest Earned by the Deposit
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Find the Compound Interest Earned by the Deposit

Question 223

Question 223

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
-$3000 at 2% compounded annually for 10 years


A) $600.00
B) $585.28
C) $656.98
D) $540.00

Correct Answer:

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