Question: Bobby deposited $5,000 in a regular savings account with Second-Third Nations Bank. Second-Third pays 6% interest compounded quarterly on regular savings accounts. Bobby made no
Bobby deposited $5,000 in a regular savings account with Second-Third Nations Bank. Second-Third pays 6% interest compounded quarterly on regular savings accounts. Bobby made no other deposits or withdrawals. Find the interest earned after 3 years.
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