Mathematics, 25.11.2021 06:00 borsha255

Fred invests $3000 at 4.81% compounded quarterly for 2 years. How much interest will the investment yield?
State your answer in terms of dollars rounded to the nearest cent (hundredth).

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Fred invests $3000 at 4.81% compounded quarterly for 2 years. How much interest will the investmen...

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Fred invests $3000 at 4.81% compounded quarterly for 2 years. How much interest will the investment yield? State your answer in terms of dollars rounded to the nearest cent (hundredth).

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Another question on Mathematics

Fred invests $3000 at 4.81% compounded quarterly for 2 years. How much interest will the investment yield?
State your answer in terms of dollars rounded to the nearest cent (hundredth).