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You deposit $ 5 0 0 in an account earning 6 % coumpound interest for 3 years. Find the future value and the interest earned

You deposit $ $500$ in an account earning $6 %$ coumpound interest for $3$ years. Find the future value and the

interest earned for each of the following compounding frequencies. Use the Bankers' Rule for daily

compounding.

Frequency

Annually:

Semiannually:

Quarterly:

Monthly:

Daily:

Future Value

Interest Earned

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