If a married couple invests $900 in a 1-year certificate of deposit at 6% annual interest, compounded daily, how much interest will be earned during the year?
A)$56.45
B)$38.95
C)$56.05
D)$56.65
E)$55.65

Question

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The Answer of If a married couple invests $900 in a 1-year certificate of deposit at 6% annual interest, compounded daily, how much interest will be earned during the year?
A)$56.45
B)$38.95
C)$56.05
D)$56.65
E)$55.65

If a Married Couple Invests $900 in a 1-Year Certificate