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Using annual, semiannual, and quarterly compounding periods, for the following: calculate the future value if $5,000 is initially deposited a. at 12% annual interest for
Using annual, semiannual, and quarterly compounding periods, for the following: calculate the future value if $5,000 is initially deposited a. at 12% annual interest for 5 years. b. at 16 % annual interest for 6 years. c. at 20% annual interest for 10 years
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