Multiple Choice
Jennifer lends $2 000 to her friend who is launching a small business. Her friend promises to pay her 9% per year compounding interest. How much interest would Jennifer get at the end of four years?
A) $823
B) $1 284
C) $1 892
D) $2 324
E) $2 823
Correct Answer:
Verified
Correct Answer:
Verified
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