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1. |
Bob Kashir deposited $6000 in a 4-year certificate of deposite paying 5% compounded daily.He withdrew the money 15 months later.The passbook rate at his bank is 3.5Â % compounded daily.Find his amount of interest |
A. | 5678 |
B. | 4563 |
C. | 4329 |
D. | 6210.73 |
Answer» E. | |