etrentham1706 etrentham1706
  • 19-03-2024
  • Mathematics
contestada

You invest $15,000 today, compounded monthly, with an annual interest rate of 8.25%. What amount of interest will you earn in one year?
a) $1,285.38
b) $1,295.38
c) $1,298.98
d) $1,723.23

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