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FT GMS AMDM B IC – 72
Interest
Question 10
10
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Interest
Question 10 • FT GMS AMDM B IC – 72
Solve the problem. Round to the nearest cent.Carl deposited $1220 in a bank that pays 9% interest, compounded monthly. Find the amount he will have at the end of 3 years.a.$3431.45c.$1549.40b.$1596.55d.$1334.44
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