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Business, 13.11.2021 03:10 aroyalstudent

If $29,000 is invested in an account for 20 years. Calculate the total interest earned at the end of 20 years if the interest is: (a) 8% simple interest: $ 46400 Correct (b) 8% compounded annually: $ 106167.76 Correct (c) 8% compounded quarterly: $ 112387.74 Correct (d) 8% compounded monthly: $ 113877.28 Correct Round your answers to the nearest cent.

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If $29,000 is invested in an account for 20 years. Calculate the total interest earned at the end of...
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