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Find the amount to which $800 will grow under each of the following conditions. a. 3% compounded annually for 5 years. b. 3% compounded semiannually
Find the amount to which $800 will grow under each of the following conditions. a. 3% compounded annually for 5 years. b. 3% compounded semiannually for 5 years. c. 3% compounded quarterly for 5 years. d. 3% compounded monthly for 5 years.
a. 3% compounded annually for 5 years.
b. 3% compounded semiannually for 5 years.
c. 3% compounded quarterly for 5 years.
d. 3% compounded monthly for 5 years.
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