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Anthony and michelle constantino just got married and recieved $ 2 8 , 0 0 0 in cash gifts for their wedding. How much will
Anthony and michelle constantino just got married and recieved $ in cash gifts for their wedding. How much will they have on their th anniversary if they place half of this money in a fixedrate investment earning percent compounded annually? Would the future value be larger or smaller if the compounding period was months? How much more or less would they have earned with this shorter compounding period?
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