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Determine the total amount and the interest paid on $3000 with interest compounded semiannually for 5 years ata) 1%.b) 2%.c) 4%.d) Is there a predictable
Determine the total amount and the interest paid on $3000 with interest compounded semiannually for 5 years ata) 1%.b) 2%.c) 4%.d) Is there a predictable outcome in either the amount or the interest when the rate is doubled?
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