MCQOPTIONS
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| 1. |
John invested $8000 at 6.5% per annum compound interest which is compounded daily. The amount at the end of fifth year is |
| A. | $13,960.70 |
| B. | $10,960.70 |
| C. | $11,960.70 |
| D. | $12,960.70 |
| Answer» C. $11,960.70 | |