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SUFLP A tire company has $170,000 to invest for 1 year. Find the future value if it eams (a) 2% per year compounded daily and

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SUFLP A tire company has $170,000 to invest for 1 year. Find the future value if it eams (a) 2% per year compounded daily and (b) 3% per year con pounded daily (c) Then find the difference between the two Click the icon to view the compound interest table for time deposit accounts (a) The future value at 2% per year compounded daily is 5 0 Table for Time Deposits Accounts Compounded Daily Compound Interest for Time Deposit Accounts Compounded Daily Number of Years Number of Years 1% 2% 3% 4% 1.01005003 1.02020078 1.03045326 1.04080849 1.05126750 1.02020106 1.04080963 1.06183393 1.08328232 1.10516335 1.03045411 1.06183480 1.09417024 1.12748944 1.16182231 1.04081020 1.08328469 1.12749129 1.17350058 1.22138603 1.05127038 1.10516789 1.16182708 1.22138937 1.28400343 1.10516940 1.22139607 1.34984217 1.49179200 1.64866481 Entet Check Answer 2

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