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Compute the quarterly interest for two years for a deposit

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Reference no: EM133078988

Question - Compute the quarterly interest for two years for a deposit of $10,000.00 at a 6% annual interest rate.

What is the quarterly interest rate you will use in the calculations?

How did you determine what interest rate to use? 

How much interest was earned over the course of the two years?

Reference no: EM133078988

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