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Hillier Hillier
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Posts: 550
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6 years ago
You start to save for a major purchase. You can invest $500 every three months for 10 years. You are able to earn 8% compounded semi-annually. What is the amount of interest that you earn during the entire term?
A) $10 072.94
B) $20 072.94
C) $30 072.94
D) $15 072.94
E) $25 072.94
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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3 years ago
thanx
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