LilSsc7990 LilSsc7990
  • 06-03-2024
  • Business
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A bank pays an interest of (4.5%) for a three-month term deposit. Calculate the amount that Stacy must invest to earn an interest of $100.00.
a) $8,888.89
b) $10,000.00
c) $11,111.11
d) $12,345.68

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