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Use technology to compute the balance in each of the following accounts. Use technology to compute the balance in each of the following accounts. a.
Use technology to compute the balance in each of the following accounts. Use technology to compute the balance in each of the following accounts. a. An account with monthly compounding, an APR of 5%, and an initial deposit of $5000, after 4 years b. An account with monthly compounding, an APR of 4.3%, and an initial deposit of $600, after 25 years c. An account with daily compounding, an APR of 3.25%, and an initial deposit of $900, after 45 years a. After 4 years, the balance obtained by investing $5000 at a rate of 5% with monthly compounding, will be $ (Round to the nearest cent as needed.) Use technology to compute the balance in each of the following accounts. a. An account with monthly compounding, an APR of 5%, and an initial deposit of $5000, after 4 years b. An account with monthly compounding, an APR of 4.3%, and an initial deposit of $600, after 25 years c. An account with daily compounding, an APR of 3.25%, and an initial deposit of $900, after 45 years a. After 4 years, the balance obtained by investing $5000 at a rate of 5% with monthly compounding, will be $ (Round to the nearest cent as needed.)
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