kaitlynwright0505 kaitlynwright0505
  • 20-03-2024
  • Mathematics
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If $4500 is invested at an annual interest rate of 2.5% for 35 years, find the balance if the interest is compounded on the following basis. (Round your answers to the nearest cent. Assume a year is exactly 365 days.)
(a) monthly

(b) daily

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