capandre6900 capandre6900
  • 18-01-2024
  • Business
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Stan has a $18,200 certificate of deposit (CD) that earns 4.8% interest compounded quarterly for 5 years. What is the compound interest after 5 years?
A. $4,903.71
B. $4,888.23
C. $4,897.98
D. $4,997.06

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