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I need assistance with this assignment to add it in my notes In August 2013, a bank was offering 0.62% interest on its savings account,
I need assistance with this assignment to add it in my notes
In August 2013, a bank was offering 0.62% interest on its savings account, with interest reinvested daily. Assuming this rate of return continued for six years, how much would a deposit of $4,000 in August 2013 be worth in August 20197 (Round your answer to the nearest cent.) Submit your work separately using the assignment link on 0 out of 2 points Find the time for an account earning interest at the annual rate of 7% (compounded annually) to grow from $5000 to $8000. (Round your answer to the nearest year.) Submit your work separately using the assignment link oStep by Step Solution
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