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K Find the compound amount for the following certificate of deposit. Assume daily compounding. Amount Interest Deposited Rate Time $12,300 3% in Years 3
K Find the compound amount for the following certificate of deposit. Assume daily compounding. Amount Interest Deposited Rate Time $12,300 3% in Years 3 Compound Amount $ Click the icon to view the compound interest table for time deposit accounts. Complete the table below. Amount Deposited $12,300 Interest Rate 3% Time Compound in Years 3 Amount $ (Simplify your answer. Round to the nearest cent as needed.) ew an example Get more help Table for Time Deposits Accounts Compounded Daily Compound Interest for Time Deposit Accounts Compounded Daily Number of Years 1 2 1% 2% 3% 4% 5% 1.01005003 1.02020078 1.03045326 1.04080849 1.05126750 1.02020106 1.04080963 1.06183393 1.08328232 1.10516335 Number of Years 1 2 3 4 5 1.03045411 1.06183480 1.09417024 1.12748944 1.16182231 1.04081020 1.08328469 1.12749129 1.17350058 1.22138603 1.05127038 1.10516789 1.16182708 1.22138937 1.28400343 3 4 5 10 1.10516940 1.22139607 1.34984217 1.49179200 1.64866481 10
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