Brooke Savings and Trust pays 6% interest compounded quarterly on regular savings accounts. Cain Anderson deposited $3400 in a regular savings account and left it for 1 1/4 years. He made no other deposits or withdrawals during this period. How much interest did his money earn?
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Home » Mathematics » Brooke Savings and Trust pays 6% interest compounded quarterly on regular savings accounts. Cain Anderson deposited $3400 in a regular savings account and left it for 1 1/4 years. He made no other deposits or withdrawals during this period.