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A young man is the beneficiary of a trust fund established for him 21 yr ago at his birth. If the original amount placed in

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A young man is the beneficiary of a trust fund established for him 21 yr ago at his birth. If the original amount placed in trust was $50,000, how much will he receive if the money has earned interest at the rate of 10%/year compounded annually? Compounded quarterly? Compounded monthly? (Round your answers to the nearest cent.) compounded annually $ compounded quarterly $ compounded monthly $ Need Help? Read Talk to a Tutor MY NOTES PRACTICE ANOTHER 4. [-/0.1 Points] DETAILS TANAPMATHS 4.1.056. Anthony invested a sum of money 8 yr ago in a savings account that has since paid interest at the rate of 8%/year compounded quarterly. His investment is now worth $9,422.70. How much did he originally invest? $ Need Help? Read Talk to her

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