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2. Suppose $1000 is deposited for 6 years in an account paying 4.25% per year compounded annually. (a) Find the compound

Posted: Thu May 05, 2022 8:02 am
by answerhappygod
2. Suppose $1000 is deposited for 6 years in an account paying 4.25% per year compounded annually. (a) Find the compound amount.
(b) Find the amount of interest earned.