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A small telecommunications company invested its 2010 net income of $422,000 in a savings account for 3 years and 1 months. Money was earning interest

A small telecommunications company invested its 2010 net income of $422,000 in a savings account for 3 years and 1 months. Money was earning interest at a rate of 4.60% compounded monthly. a. Calculate the amount it would have in this account at the end of the period. Round to the nearest cent b. Calculate the interest earned. Round to the nearest cent

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