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A bank is paying 7.5% APR on a CD. (Note: The convention when there are no periodic payments is to assume annual compounding, unless stated
A bank is paying 7.5% APR on a CD. (Note: The convention when there are no periodic payments is to assume annual compounding, unless stated otherwise. Thus this is annual compounding.) If you put $2256 into an account, how much will the account be worth in 3 years? Answer to 2 decimal places
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Computer Accounting With QuickBooks Pro 2010
Authors: Donna UlmerDonna Kay
12th Edition
0077408756, 9780077408756
