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An investor can get an annual interest rate of 12% on a deposit in a bank. Assuming sonko dairies deposit $500,000 and leaves it for

  1. An investor can get an annual interest rate of 12% on a deposit in a bank. Assuming sonko dairies deposit $500,000 and leaves it for 3 years, what is the amount at the end of the third year if interest is compounded:
  1. Semi annually
  2. Quartely

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