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Finance. Suppose that $7,300 is invested at 4.7% annual interest rate, compounded monthly. How much money will be in the account in (A) 4 months?
Finance. Suppose that $7,300 is invested at 4.7% annual interest rate, compounded monthly. How much money will be in the account in (A) 4 months? (B) 16 years? A) Amount after 4 months: $(Round to the nearest cent.) (B) Amount after 16 years: $(Round to the nearest cent.)
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