An amount of $1,000 is invested on 22 December 2020 at12% pacompounded quarterly. Calculate the interest (I)

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An amount of $1,000 is invested on 22 December 2020 at12% pacompounded quarterly. Calculate the interest (I) earned between 22 December 2023 and 22 December 2026. Give your answer in dollars and cents to the nearest cent.

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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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Posted Date: May 12, 2024 06:08 AM

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An amount of $1,000 is invested on 22 December 2020 at12% pacompounded quarterly. Calculate the interest (I)

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Cost Accounting

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