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stranahan stranahan
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7 years ago
You invest $15,000 today, compounded monthly, with an annual interest rate of 8.25%. What amount of interest will you earn in one year?
A) $1,298.98
B) $1,285.38
C) $1,723.23
D) $1,295.38
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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Awful_HomieAwful_Homie
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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