What Is the Total Amount of Interest Earned Between the End

question 74

Multiple Choice

What is the total amount of interest earned between the end of 18 months and the end of 36 months on an investment of $1000 if the interest rate is j₁₂ = 9%?

• A)$308.65
• B)$164.69
• C)$154.94
• D)$143.96

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