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Your bank account pays 2% interest with daily compounding. If you put $4,000 in today and forget about the account, how much will you have

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Your bank account pays 2% interest with daily compounding. If you put $4,000 in today and forget about the account, how much will you have in 8 years? a. $3,408.59 b. $4,001.75 C. $4,694.02 d. $7,172.37 None of the above are within $20 of the correct amount e

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