MCQOPTIONS
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| 1. |
Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is |
| A. | $15,010.28 |
| B. | $18,010.28 |
| C. | $16,010 |
| D. | $14,010 |
| Answer» B. $18,010.28 | |