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1.An investor wishes deposits $100 in a bank account for 5 years at 8% interest. Find out the amount which he will have in his
1.An investor wishes deposits $100 in a bank account for 5 years at 8% interest. Find out the amount which he will have in his account if interest is compounded (a) annually, (b) semi-annually, (c) quarterly and (d) continuously.
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