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Money growth. BanxQuote operates a network of websites providing real - time market data from leading financial providers. The following rates for 1 2 -
Money growth. BanxQuote operates a network of websites providing realtime market data from leading financial providers. The following rates for month certificates of deposit were taken from the websites:
A Stonebridge Bank, compounded monthly
B DeepGreen Bank, compounded daily
C Provident Bank, compounded quarterly
Compute the value of $ invested in each account ale
end of year.
Finance. A person wishes to have $ cash for a new
car years from now. How much should be placed in an account now, if the account pays compounded weekly? Compute the answer to the nearest dollar.
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