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Given a starting principal of $5000, and a nominal interest rate of 1.0% compounded daily (ie: compounded on each calendar day), determine the accumulated amount
Given a starting principal of $5000, and a nominal interest rate of 1.0% compounded daily (ie: compounded on each calendar day), determine the accumulated amount after a term of 12 years. Round your answer to the nearest dollar. Accumulated Amount =$
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