Branson Company deposited $5,800 in an account paying 2.5% annual interest. How much compound interest would Branson

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Branson Company deposited $5,800 in an account paying 2.5% annual interest. How much compound interest would Branson earn in 3 years?
options:

$6,235

$145

$435

$446

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Dec 25, 2022 01:41 AM

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Branson Company deposited $5,800 in an account paying 2.5% annual interest. How much compound interest would Branson

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