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Michaela has saved $400 per month for the last three years in savings account earning 0.5% compounded annually. If he plans to leave the accumulated
Michaela has saved $400 per month for the last three years in savings account earning 0.5% compounded annually. If he plans to leave the accumulated savings for 5 years in the saving account at 6% of interest compounded quarterly, how much interest will be earned?
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