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Using the following information, $95,000 at 12% compounded monthly for 10 years, determine the following: a. Calculate the amount of money that will be in

Using the following information, $95,000 at 12% compounded monthly for 10 years, determine the following:

a. Calculate the amount of money that will be in the account at the end of the period

b. what is the effective rate

c. Calculate the amount of money that will be in the following account at the end of the period, if this is compounded quarterly

d. what is effective rate in c?

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