[Solved] A $700 investment earns $37.63 in interes

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A $700 investment earns $37.63 in interest in 30 months. If the investment has interest compounded quarterly, determine the interest rate. A. 2.1% B. 2.3%

A $700 investment earns $37.63 in interest in 30 months. If the investment has interest compounded quarterly, determine the interest rate.

A. 2.1% B. 2.3% C. 1.4% D. 1.7%

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