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You put $6,000 in a 10-year CD with a 5.25% nominal interest rate that is compounded quarterly. At the end of the 10 years, how
You put $6,000 in a 10-year CD with a 5.25% nominal interest rate that is compounded quarterly. At the end of the 10 years, how much interest would you have earned?
Group of answer choices
-$1,262.26
-$4,008.58
-$4,108.17
-$40,455.32
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