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I don't understand how to solve this. (5.) Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a

I don't understand how to solve this.

image text in transcribed (5.) Suppose you deposited $5,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be in the account after 8 months, assuming each month has 30

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