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2. Ms. Jaso deposit $90 three years ago. The bank provides her a 6% interest rate (compounding monthly). What would be the money in
2. Ms. Jaso deposit $90 three years ago. The bank provides her a 6% interest rate (compounding monthly). What would be the money in her bank balance today? For this question, please use the formula (that I required you to memorize) to represent it. You do not need to calculate the answer. FV=90*(1+ 0.06,31 12 a. 0.06312 FV=90*(1+ b. 0.06 312 = FV 90*(1+ 12 C.
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