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Suppose you deposited $23,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be in the

Suppose you deposited $23,000 in a bank account that pays 5.25% with daily compounding based on a 360-day year. How much would be in the account after 8 months, assuming each month has 30 days? a. $23,342.81 b. $23,819.19 c. $27,153.88 d. $26,915.69 e. $27,868.46

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