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A bank offers an investment account with an annual interest rate of 1.21% compounded daily. Lashonda invests $4300 into the account for 2 years. Answer
A bank offers an investment account with an annual interest rate of
1.21%
compounded daily. Lashonda invests
$4300
into the account for
2
years. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the
list of financial formulas
. Assume there are
365
days in each year.
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