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Solve the following application problems. 9. The First Federal Bank offers savings account at 3.5% compounded daily. a. How much money will there be on
Solve the following application problems. 9. The First Federal Bank offers savings account at 3.5% compounded daily. a. How much money will there be on the account after 5 years if $10,000 is deposited initially? b. How long will it take $10,000 to triple at First Federal Bank
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