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uestion 10 $1,000 is deposited into a savings account that pays 5% nominal interest compounded monthly. What is the amount of interest earned in the
uestion 10 $1,000 is deposited into a savings account that pays 5% nominal interest compounded monthly. What is the amount of interest earned in the second half of the sixth year? A. 8513.24 B. 52.72 C. 34.67 D. The answer does not appear her E. 33.24
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