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1 (25 MARKS). An investor purchases a $1200 certificate of deposit from Bank, at 5%. How much is the investment worth (rounded to the nearest

1 (25 MARKS). An investor purchases a $1200 certificate of deposit from Bank, at 5%. How much is the investment worth (rounded to the nearest cent) at the end of 5 years, if interest is compounded: a) Semiannually? b) Continuously

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