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Do NOT type the $ sign in your answers. Make sure you round correctly, to the nearest DOLLAR, or the quiz will not recognize your

Do NOT type the $ sign in your answers. Make sure you round correctly, to the nearest DOLLAR, or the quiz will not recognize your answer as correct.

An account pays 4.16% interest, compounded bi-weekly. Teresa invests money into this account and after 2 years, the value has grown to $2625.

a) How much did she invest?

b) How much interest was earned?

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