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Suppose that you save $300 at a fixed interest rate at 4% per annum. 1) how much would you have after 4 years if interests
Suppose that you save $300 at a fixed interest rate at 4% per annum.
1) how much would you have after 4 years if interests were paid annually?
2) how much would you have after 10 years if interests were compounded annually?
3) How much would you have after 10 years if interest were continuously compounded?
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