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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 91

Question 91

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
-$300 at 3% compounded quarterly for 3 years


A) $27.00
B) $28.14
C) $306.80
D) $27.82

Correct Answer:

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