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Julie deposited $9,250 in a 10-year CD at Farmers State Bank. If the interest rate is 6% compounded annually, how much total interest will she

Julie deposited $9,250 in a 10-year CD at Farmers State Bank. If the interest rate is 6% compounded annually, how much total interest will she earn?

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$5,550.00

$9,805.00

$55,500.34

$7,315.34

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