Multiple Choice
Twenty-five years ago Sandy invested $3,000. Fifteen years ago she put another $2,000 into the investment. Over the 25 years, interest has accumulated at a rate of 6% compounded monthly. How much interest has she earned over the 25 years?
A) $18,303
B) $6,567
C) $5,134
D) $11,567
E) $13,303
Correct Answer:
Verified
Correct Answer:
Verified
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