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Your small firm has $ 105,000 in cash on hand and decides to put it in a savings account at 3.7% interest. How much will

Your small firm has $ 105,000 in cash on hand and decides to put it in a savings account at 3.7% interest. How much will you have in your account in 20years under the following compounded periods (please show your calculations); (a) Compounded monthly (b) Compounded quarterly

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