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5. What will the future value of a $21500 savings account at 2.1% interest compounded continuously for 20 years be? 6. Grandparents want to establish
5. What will the future value of a $21500 savings account at 2.1% interest compounded continuously for 20 years be? 6. Grandparents want to establish a college fund for their new grandchild. They deposit $7,500 into a savings account. The money earns 0.5% interest for 18 years. Find the future value of the account if the interest is compounded quarterly
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