Solved

Find the Compound Interest Earned by the Deposit $\$ 5000$ At $0.81 \%$

Question 134

Multiple Choice

Find the compound interest earned by the deposit. Round to the nearest cent.
- $\$ 5000$ at $0.81 \%$ compounded monthly for 2 years.

A) $\$ 1068.16$
B) $\$ 6.75$
C) $\$ 81.63$
D) $\$ 876.10$

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