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Science-Related Homework Help Mathematics Topic started by: wasala18 on May 29, 2023



Title: Oswald has a five-year compound interest GIC. Its interest rate is 7.2% compounded monthly and its ...
Post by: wasala18 on May 29, 2023
Oswald has a five-year compound interest GIC. Its interest rate is 7.2% compounded monthly and its maturity value will be $76,243. To the nearest dollar, how much interest will he have earned over the five-year term?

▸ $49,500

▸ $53,250

▸ $26,743

▸ $22,993

▸ $19,243


Title: Re: Oswald has a five-year compound interest GIC. Its interest rate is 7.2% compounded monthly and its ...
Post by: live4outdoors on May 29, 2023
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