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You deposit $100 in an account earning 4% compound interest for 3 years. Find the future value and the interest earned for each of the
You deposit $100 in an account earning 4% compound interest for 3 years. Find the future value and the interest earned for each of the following compounding frequencies. Round all answers to two decimal places if necessary. (1 year = 365 days, including leap years) P/Y C/Y N I/Y Frequency Annually: % Semiannually: % Quarterly: % III Monthly: % Daily: % Quinn, Jill Frequency PV PMT FV Interest Earned Annually: $ $ Semiannually: $ Quarterly: $ $ $ Monthly: $ tA Daily: $ $ $
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