How much will you earn interest

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Question - You were lucky to find an investment that provide a return of 6%. Because this rate is acceptable to you, you decided to invest $10,000 on a five-year term. How much will you earn interest?

a. $3,652.24

b. $3,450.25

c. $4,450.20

d. $3,382.26

Reference no: EM133014402

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