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Find the Compound Interest Earned by the Deposit $\$ 1950$ At $3.7 \%$

Question 1

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $\$ 1950$ at $3.7 \%$ compounded annually for 18 years

A) $\$ 1298.70$
B) $\$ 1666.38$
C) $\$ 1226.55$
D) $\$ 1800.18$

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