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Jan Reus sold her home and has $18.000 to invest. She believes she can earn 8% compounded quarterly. Find the compound amount if she invests

Jan Reus sold her home and has $18.000 to invest. She believes she can earn 8% compounded quarterly. Find the compound amount if she invests for (a) 3 years and (b) 6 years.

Find the additional amount earned due to the longer time period.

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