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Monique Fournier deposited $12,500 into a savings account paying 6.5% annual interest compounded monthly. How much compound interest will she have earned after three years? Can someone explain this please?
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Monique Fournier deposited $12,500 into a savings account paying 6.5% annual interest compounded monthly. How much compound interest will she have earned after three years?

Can someone explain this please?

User Prcu
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1 Answer

1 vote
she earned 15,000 compound interest



User Jimeh
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