A deposit of $15,000 is made at 4% interest compounded quarterly.[(1.01)7 ? 1.1, (1.01)28 ? 1.3, (1.04)28 ? 3]What is the amount of interest earned after seven years?
A. $4500
B. $4200
C. $1050
D. impossible to determine
E. none of these
Answer: A
Mathematics
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A. 4p - 6
B. 
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C. ?
D. ?
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