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The following money market account rates were available from a particular bank. Find the compound amount and the interest earned. $17,000 at 0.94% compounded monthly

image text in transcribed The following money market account rates were available from a particular bank. Find the compound amount and the interest earned. $17,000 at 0.94% compounded monthly for three years The compound amount is $ (Do not round until the final answer. Then round to the nearest cent as needed.) The interest earned is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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