Seabee makes quarterly (end of period)payments of $30,000 into a pension fund earning 12 percent compounded quarterly for 10 years. How much interest will have been earned in 10 years?
A)$2,262,030
B)$2,105,880
C)$905,880
D)$1,062,030

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The Answer of Seabee makes quarterly (end of period)payments of $30,000 into a pension fund earning 12 percent compounded quarterly for 10 years. How much interest will have been earned in 10 years?
A)$2,262,030
B)$2,105,880
C)$905,880
D)$1,062,030

Seabee Makes Quarterly (End of Period)payments of $30,000 into a Pension