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If $300000 Is Invested for Seven Years and Seven Months at at 6

Question 103

Multiple Choice

If $3000.00 is invested for seven years and seven months at 6% p.a. compounded quarterly, calculate the maturity value.

A) $3763.18
B) $3776.32
C) $4745.43
D) $4712.57
E) $4882.57

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