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3- (4 point) You deposit $ 1200 in an account earning 3% interest compounded monthly. (a) How much will you have in the account in

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3- (4 point) You deposit $ 1200 in an account earning 3% interest compounded monthly. (a) How much will you have in the account in 5 years? Round to the hundredths. (b) How much interest will you earn in 5 years

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