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1a. Find the future value of a $20,000 deposit in 8 years with an interest rate of 3.9% per year with simple interest. 1b. Find

1a. Find the future value of a $20,000 deposit in 8 years with an interest rate of 3.9% per year with simple interest.

1b. Find the future value of a $20,000 deposit in 8 years with an interest rate of 3.9% compounded monthly. =(1+)

1c. Find the effective annual yield to the nearest hundredth of a percent for an account with an interest rate of 3.9% compounded quarterly. =[(1+)1]100%

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