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You have $12,000 to invest. Calculate how much you would have after 30 years, if you invest the money in an account earning... a) 4%
You have $12,000 to invest. Calculate how much you would have after 30 years, if you invest the money in an account earning... a) 4% simple interest. (Round to the nearest cent, if necessary.) b) 4%, compounded monthly. (Round to the nearest cent, if necessary.) c) 4%, compounded continuously. (Round to the nearest cent, if necessary.)
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