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1 year ago

11

Ben inherited $10,000 and put it all in a stock index fund which promises 7.2% interest compounded quarterly. How much interest

is that

1 answer:

DanielleElmas [232]1 year ago

7 0

Answer:

I live in south Africa so my answer is 280.14

Step-by-step explanation:

7.5 over 100 times by 648.50 (thats how much $10.000 is in south Africa)

=46.69 times by 6

=280.14

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