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A . Dewey invested $ 5 0 0 0 for 3 years at 7 % interest per year. 1 . Calculate the statement using simple

A. Dewey invested $5000 for 3 years at 7% interest per year.
1. Calculate the statement using simple interest.
2. Calculate the statement using compound interest.
3. How much is the future value of money if the number of compounding periods
is increased to semester, quarterly, monthly, or daily?
B. In 18 years, your childs university education will cost $100,000.00. You have $23,000.00 now to invest.
What annual percentage must you earn?

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