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Finance. Suppose that $2,300 is invested at 3.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 6
Finance. Suppose that $2,300 is invested at 3.6% annual interest rate, compounded monthly. How much money will be in the account in (A) 6 months? (B) 7 years? (A) Amount after 6 months: $(Round to the nearest cent.) (B) Amount after 7 years: $(Round to the nearest cent.)
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