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April predicts that she will need $60,000 for new recording equipment in 10 years. She has found three investment options to consider: A. 6.15%, compounded
April predicts that she will need $60,000 for new recording equipment in 10 years. She has found three investment options to consider: A. 6.15%, compounded semi-annually B. 5.90%, compounded daily C. 5.85%, compounded quarterly (a) How much will she need to invest for each option? (b) How much interest will she earn for each option?
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