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You have a savings account that pays 3.4% interest compounded quarterly, but you are considering transferring your funds into a savings account that pays 3.1%

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You have a savings account that pays 3.4% interest compounded quarterly, but you are considering transferring your funds into a savings account that pays 3.1% interest compounded monthly. What is the difference in the effective interest rate of the two accounts? Express the answer in percentage form, rounded to two decimal places (i.e. X.YY). 0.0029 Sabrina deposits $200 in an account at the end of each year for 2 years. If the account pays 7% interest annual how much money will be in Sabrina's account at the end of the 2 years? Express your answer in dollars, rounded to two decimal places (i.e X.YY). (To be clear, she only makes 2 deposits, and the second earns no interest by the end of the investment period.] 442.98

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