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What interest will be earned if $6300 is invested for 3 years at 12% compounded monthly? Write your answer rounded to the nearest cent. (Do not include the $ or commas in your answer).
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What interest will be earned if $6300 is invested for 3 years at 12% compounded monthly? Write your answer rounded to the nearest cent. (Do not include the $ or commas in your answer).

User Stonean
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1 Answer

5 votes
The answer would be 9013.84.
User Bob Cross
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