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If $300 is invested at a 4% interest rate, how much compound interest will be earned in 4 years? (Round to the nearest cent and

If $300 is invested at a 4% interest rate, how much compound interest will be earned in 4 years?

(Round to the nearest cent and do not enter the dollar sign)

Exactly how many quarters will it take to double:

$40 at 1% per quarter

(Round to two decimal places)

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