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1 . ) For 2 years, Trey deposited $ 6 0 0 at the end of every 3 months into an investment that earned 3

1.) For 2 years, Trey deposited $600 at the end of every 3 months into an investment that earned 3.6%, compounded quarterly. Over the same 2 years, Sam deposited $2400 annually into an investment that carned3.8%, compounded annually. Whose investment is worth more, and by how much?
2.) Miguel wants to buy an entertainment system as a wedding gift for his sister. He estimates that when she marries a year from now, the system will cost $2499, plus 13% tax. Will Miguel have enough money to buy the system if he deposits $225 at the end of each month into an account that earns 3.6%, compounded monthly? Explain.

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