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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
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    Find I If an Amount Is Invested at 6
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Find I If an Amount Is Invested at 6

Question 131

Question 131

Multiple Choice

Find i if an amount is invested at 6.00% compounded every 3 months.


A) 3.00%
B) 2.00%
C) 6.00%
D) 1.50%
E) 0.02

Correct Answer:

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