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please show me the steps Q1. (a) Determine the amount of money in a savings account at the end of five years, given an initial

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Q1. (a) Determine the amount of money in a savings account at the end of five years, given an initial deposit of $5,000 and a 12 percent annual interest rate when interest is compounded (1) annually, (ii) semiannually, and (iii) quarterly. Use 3 decimal places for all answers

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