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(Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of the following accounts at the

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(Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period: Amount Annual Compounding Compounding 2 Account Holder Deposited Interest Rate Periods Per Year (M) Periods (Years) Theodore Logan III $ 900 18% 2 Vernell Coles 95,000 8 3 2 Tina Elliot 7,000 10 4 Wayne Robinson 118,000 8 12 5 Eunice Chung 28,000 12 6 4 Kelly Cravens 14,000 8 1 3

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