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PLEASE SHOW WORK 1) If $100 is deposited every six months for four years at 4 percent, compounded semiannually, what will be the accumulated amount
PLEASE SHOW WORK
1) If $100 is deposited every six months for four years at 4 percent, compounded semiannually, what will be the accumulated amount after the last deposit?
2) What sum will a deposit of $500 grow in 10 years, if interest is 8 percent (a) compounded quarterly? (b) compounded continuously?
3) Determine the amount of money you should deposit at the beginning of each month for 15years to accumulate $20,000 if money earns 4% compounded monthly
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