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5 . 1 ( Copy ) Find the compound amount for the
Undergraduate
5 . 1 ( Copy ) Find the compound amount for the deposit and the amount of interest earned. $ 4 2 0 at 4
5
.
1
(
Copy
)
Find the compound amount for the deposit and the amount of interest earned.
$
4
2
0
at
4
.
9
%
compounded semiannually for
1
5
years
The compound amount after
1
5
years is $
(
Do not round until the final answer. Then round to the nearest cent as needed.
)
Find the present value
(
the amount that should be inversted now to accumulate the following amount
)
if the money is compounded as indicated.
$
1
1
,
0
7
7
.
1
0
at
7
.
3
%
compounded annually for
2
years
The present value is $
(
Do not round until the final answer. Then round to the nearest cent as neoded
)
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