Question:

Compound interest earned?

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$600 at 5% compounded quartely for 1.5 years

I got 646.47 or so and that cant be an answer.

Options are

a)$46.43

b)$95.82

c)$204.06

d)$95.45

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2 ANSWERS


  1. a)$46. 43

    Ending balance: $646.43


  2. a.) 46.43

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