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Suppose you invest 4900 in an account with an annual interest rate 12 compounded monthly 1 each month Use this information to complete the table

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Suppose you invest 4900 in an account with an annual interest rate 12 compounded monthly 1 each month Use this information to complete the table below Round to the nearest cent as needed Month 1 2 3 4 5 Starting Balance 4900 4949 5048 47 Question Help Video 1 Interest on Starting Balance 49 50 99 Ending Balance 4949 5048 47

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