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14. Use the compound interest formulas to a. calculate the total amount in the account after the given time period and b. determine the amount
14. Use the compound interest formulas to a. calculate the total amount in the account after the given time period and b. determine the amount of interest earned. P = $5500, r= 2.5% compounded weekly, t= 10 years P = $4755, r= 4.5% compounded monthly, t= 10 years P = $7300, r= 19.9% compounded continuously, t= 20 years
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