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. Find the future value of $500 deposited at 4% for 8 years if the account pays simple interest, and the account pays interest compounded

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Find the future value of $500 deposited at 4% for 8 years if the account pays simple interest, and the account pays interest compounded annually The future value of an account that pays simple interest is $ (Type an integer or decimal rounded to the nearest cent as needed) The future value of an account that pays interest compounded annually (Type an integer or decimal rounded to the nearest cent as needed) IS S

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