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What is the maximum possible amount of compound interest that can be earned over a four year period with a 5% A.P.R.? Please choose the
What is the maximum possible amount of compound interest that can be earned over a four year period with a 5% A.P.R.? Please choose the correct answer expressed as a percentage of the principal, rounded to 2 decimals.
(A) 22.14% (B) 2.12% (C) 4.31% (D) 20.00% (E) 21.22%
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