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11. (10 points) Use the model A = Pert or A = P(1 + r)nt. Suppose $7,000 is invested for 2 years with quarterly compounding

11. (10 points) Use the model A = Pert or A = P(1 + r)nt. Suppose $7,000 is invested for 2 years with quarterly compounding at 6 % interest. Find the amount the investment is worth

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