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You deposit $ $55 into your bank and it grows to $1,638 in 8years. Your bank pays interest compounded monthly. What was the annual percentage

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You deposit \$ $55 into your bank and it grows to \$1,638 in 8years. Your bank pays interest compounded monthly. What was the annual percentage rate (APR)? What was the effective annual rate (EAR)? Round your percentage answer to two decimal places (e.g. 9.48\%) Blank # 1 Blank # 2 Question 2 (6 points) What is the future value of the following deposits made at the end of each year if you can earn 9.7% APR compounded quarterly. Round your final answers to the nearest dollar

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