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$500 is deposited in an account which earns 5.25% compounded quarterly for 13.75 years. (a) State the value of the account at the end of

$500 is deposited in an account which earns 5.25% compounded quarterly for 13.75 years. (a) State the value of the account at the end of the 13.75 years. $ (b) State the total amount of interest earned on the account during the 13.75 years. $

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