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What interest earned during the first five years is

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Reference no: EM132966380

Problem 1: A person deposited $2500 into a savings account @ 0.68% compounded quarterly. Interest earned during the first 5 years is:

a. $80.39

b. $32586.39

c. $2506.39

d. $86.39

Reference no: EM132966380

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