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On December 19 Jerry's $800 Deposit Matured at $848

Question 63

Multiple Choice

On December 19 Jerry's $800 deposit matured at $848.22. It had been earning 8%. What was the date that he made the deposit?


A) Oct. 2
B) Jan. 1
C) Mar. 19
D) Sept. 20
E) Apr. 1

Correct Answer:

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