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An amount of $1900 is deposited for 7 years in an account that earns 5% interest. (Round your answers to two decimal places.) (a) Calculate
An amount of $1900 is deposited for 7 years in an account that earns 5% interest. (Round your answers to two decimal places.) (a) Calculate the simple interest earned. $ (b). Calculate the interest earned if interest is compounded daily. (c) How much more interest is earned on the account when the interest is compounded daily
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