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Determine how much is in each account on the basis of the indicated compounding after the specified years have passed; P is the initial principal,
Determine how much is in each account on the basis of the indicated compounding after the specified years have passed; P is the initial principal, and r is the annual rate given as a percent. (Round your answers to the nearest cent.) after one year where P = $7400 and r = 6.2% (a) compounded annually $ (b) compounded quarterly $ (c) compounded monthly $ (d) compounded weekly $ (e) compounded daily $
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