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You have $3,000 to invest today, and similar investments earn a 6% interest rate compounded quarterly. How much interest will you earn if you

You have $3,000 to invest today, and similar investments earn a 6% interest rate compounded quarterly. How much interest will you earn if you invest your money for eight years? $1,781.54 $1,830.97 $4,830.97 None of the above

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