BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rose deposited $10, 000 in a three-year certificate of deposit that pays simple interest at a fixed annual rate of 5.4%. What total interest will Rose have earned at the end of three years?
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$1, 080
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$1, 620
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$540
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$5, 400
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Explanation:
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