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Math 107A Quiz 9-5 pts Carol has a choice of how to invest $10,000 for 5 years. One choice is 3% interest compounded annually; the

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Math 107A Quiz 9-5 pts Carol has a choice of how to invest $10,000 for 5 years. One choice is 3% interest compounded annually; the other is 2.9% compounded monthly. 1. Which option gives the greater future value? 10,000(.3)(5) = 1500 + 10,000 =$11,500 2. To the nearest dollar, how much extra money is generated with the better option

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