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compute the balance in each of the following accounts. a. An account with monthly compounding, an APR of 3%, and an initial deposit of $1000,
compute the balance in each of the following accounts.
a. An account with monthly compounding, an APR of 3%, and an initial deposit of $1000, after 6 years
b. An account with monthly compounding, an APR of 4.2%, and an initial deposit of $800, after 30 years
C. An account with daily compounding, an APR of 4.25%, and an initial deposit of $700, after 55 years
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