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Find the interest earned on $15,000 invested for 7 years at 7% interest compounded as follows. a. Annually b. Semiannually (twice a year) c. Quarterly

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Find the interest earned on $15,000 invested for 7 years at 7% interest compounded as follows. a. Annually b. Semiannually (twice a year) c. Quarterly d. Monthly e. Continuously a. Compounding annually, the interest earned is $ (Round to the nearest cent as needed.)

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