sam deposited $850 in a savings plan. The plan pays 5.5% interest compounded quarterly, if...

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Finance

sam deposited $850 in a savings plan. The plan pays 5.5% interest compounded quarterly, if they make no other deposits or withdrawals, how much interest will their money earn in 9 months?
a. $855.55
b. $785.55
c. $770.55
d. $985.55

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