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$120 at the end of each month in a savings accountanterest rate of compounded month savings account at the end of 4 years, assuming he

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$120 at the end of each month in a savings accountanterest rate of compounded month savings account at the end of 4 years, assuming he makes no withdrawals during that period and your answer to the nearestent S54111X ment 2:10:22 6. [-13 Points) DETAILS TANFIN12 5.1.052. ASK YOUR TEACHER A young man is the beneficiary of a trust fund established for him 25 years ago at his birth. If the original amount placed in trust was $50,000, hoch will be receive the money has earned interest at the rate of 5%/year compounded annually compounded quarterly Compounded monthly? (round your answers to the nearest cent) compounded annually S compounded quarterly 5 I compounded monthly 5 7. [1/1 Points) DETAILS PREVIOUS ANSWERS TANFIN12 2.4.014. ASK YOUR TEACHER Perform the indicated operation

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