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An amount of $4500 is invested at 12% interest, compounded daily.a. Find the future value in 8 years.b. Determine whether more or less money would
An amount of $4500 is invested at 12% interest, compounded daily.a. Find the future value in 8 years.b. Determine whether more or less money would have accrued if the money had been compounded quarterly.a. The total amount is $(Round to the nearest cent as needed.)
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