matthewyork7891 matthewyork7891
  • 28-12-2023
  • Mathematics
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A principal amount of $1,485 is placed in a savings account with an annual interest rate of 2.56% compounded monthly. How much interest does the account earn after 8 years? Interest earned:
a) $256.76
b) $287.43
c) $312.58
d) $329.14

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