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A bank account containing $17,500 earns 3% annual interest. How much will we have at the end of 25 years if: a. It earns simple

A bank account containing $17,500 earns 3% annual interest. How much will we have at the end of 25 years if:

a. It earns simple interest?

b. It earns interest compounded annually?

c. It earns interest compounded monthly?

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