Find the amount on deposit on the first day of the next quarter when the sum is deposited as indicated. Use 3
% interest compounded daily. Round to the nearest cent.
Amount: $2292.52Date deposited: May 20
A. $2301.33
B. $2301.55
C. $2301.77
D. $2301.99
Answer: C
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What will be an ideal response?
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