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3. You have $5,100 to invest today at 11% interest compounded annually. Find how much you...
3. You have $5,100 to invest today at 11% interest compounded
annually. Find how much you will have accumulated in the account at
the end of: (0.5 Marks each)
(1) 4 years,
(2) 8 years, and
(3) 12 years.
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