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$48,000is deposited for5years in an account earning6%interest. Calculate the future value of the investment if interest is compounded semiannually? $ Calculate the future value if

$48,000is deposited for5years in an account earning6%interest.

Calculate the future value of the investment if interest is compounded semiannually?

Calculate the future value if interest is compounded quarterly?

How much greater is the future value of the investment when the interest is compounded quarterly?

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