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An amount of $5000 is invested at 14% interest, compounded daily. a. Find the future value in 5 years. b. Determine whether more or
An amount of $5000 is invested at 14% interest, compounded daily. a. Find the future value in 5 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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