How much interest will be paid each quarter

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Reference no: EM131937071

An investment pays 10% per annum with continuous compounding. However, interest is paid out each quarter.

How much interest will be paid each quarter on a $20,000 investment?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131937071

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