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Posted on Jul 23, 2024

Shawn Bowker invested $ 1 0 , 0 0 0 in a money market account that will pay 5 . 7 5 percent compounded quarterly.

Shawn Bowker invested $

10, 000

in a money market account that will pay

5.75

percent compounded quarterly. How much will the interest on interest be after two years?

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