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Trava [24]
3 years ago
6

An investment of $250 pays 11% annual interest, compounded quarterly. What is the interest earned in 10 years?

Mathematics
2 answers:
Lady_Fox [76]3 years ago
5 0
$489.97 is the answer. 250*2.95987 = 739.9675-250= $489.97
lions [1.4K]3 years ago
4 0
<span>The interest earned in 10 years is B. $739.97.</span>
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