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A banker invested $3000 in an account that earns 6% interest that is compounded quarterly. How much interest will be earned in 3 years?
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A banker invested $3000 in an account that earns 6% interest that is compounded quarterly. How much interest will be earned in 3 years?

User Kishan Mehta
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1 Answer

3 votes
The answer is $573 :)
User Jan Goyvaerts
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