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Calculate the interest earned after 3 months based after 3 months based on the following deposit terms principal $5,000 interest per annum 6% interest compounded

Calculate the interest earned after 3 months based after 3 months based on the following deposit terms principal $5,000 interest per annum 6% interest compounded quarterly loan period 4 years A) $150B) $300C) $1,200D) $75

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e Design - X New tab x + u/ols/progress/showMoodle/index.xhtm?pg=mcuuiassesment nd units Communication SN Account iHelp Contact us Your answer Is correct. Question 10 Calculate the interest earned after 3 months, based on the following deposit terms: Incorrect Principal: $5,000 Mark 0 out of 1 Interest per annum: 6% Flag question Interest Compounded Quarterly Loan period 4 years. Select one: O a. $150 b. $300 C. $1,200 X d. $75 Your answer is incorrect. Question 11 If you have a compound interest loan with repayments every month over a five year term. Calculate the number of repayments to be made, over the life of the loan. Correct Mark 1 out of 1 Show your answer in the format XX Flag question 6n 40%

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