Determine the accumulated and the discounted value of $1000 over 55 days at 7% using both ordinary and exact simple inte

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answerhappygod
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Determine the accumulated and the discounted value of $1000 over 55 days at 7% using both ordinary and exact simple inte

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Determine the accumulated and the discounted value of $1000 over
55 days at 7% using both ordinary and exact simple
interest. (Do not round intermediate calculations.
Round your answers to 2 decimal places.)
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