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A student invests a principal of $ 4 0 0 0 in a bank account which offers a return of 8 % annual interest for

A student invests a principal of $4000 in a bank account which offers a return of 8% annual interest for 3 years.
Determine the future value if interest is compounded
(a) annually
(b) quarterly
(c) monthly
(d) daily
[In part (d) you may assume that there are 360 days in a year.]
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