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How much interest should he pay in the bank paying

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Question - Ahmed wants to have BD 11000 in his account by the end of 9 years and 5 months. How much interest should he pay in the bank paying 7% quarterly?

a. 5787.958

b. 5096.117

c. 5687.958

d. 5987.958

e. 5817.213

Reference no: EM133049909

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