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(a) How much would a $10,000 4-year Certificate of Deposit at 6% compounded monthly be worth at the end of 4 years? (b) How much

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(a) How much would a $10,000 4-year Certificate of Deposit at 6% compounded monthly be worth at the end of 4 years? (b) How much more is this than the same at simple interest? Use tables in the Business Math Handbook I. 2. Alice H orn, owner of Horn's Ceramics Shop, loaned $12,000 to Pete Hall to help him open a de Pete plans to repay Alice at the end of 5 years with 8% interest compounded semiannually. Ho much will Alice receive at the end of 5 years

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