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Let $ 13,500 be an initial deposit into a savings account with an annual nominal interest rate of 7% . What is the amount in
Let $ 13,500 be an initial deposit into a savings account with an annual nominal interest rate of 7% . What is the amount in the account after 1year if the account
i) Compounds annually ii) Compounds quarterly iii) Compounds monthly iv) Compounds weekly v) Compounds daily |
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