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(1 point) (Example 1.6) Find the accumulated value of $8000 at the end of 5 years and 8 months invested at a rate of 4.4%

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(1 point) (Example 1.6) Find the accumulated value of $8000 at the end of 5 years and 8 months invested at a rate of 4.4% compound interest per annum (1) Assuming compound interest throughout. Your answer is $ (2) Assuming simple interest during the final fractional period. Your answer is $

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