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Principal $8000 Rate 3% Compounded quarterly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest

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Principal $8000 Rate 3% Compounded quarterly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate A. Find how much money there will be in the account after the given number of years B. Find the interest earned A. The amount of money in the account after 2 years is si (Round to the nearest hundredth as needed.)

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