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Assignment on compound interest

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Reference no: EM133036009

Title: Compound Interest 

Find the interest earned by the following. Assume 3% interest compounded daily.

  1. $6400 deposited September 24 and withdrawn December 15
  2. $63,340 deposited December 5 and withdrawn March 2
  3. $37,650 deposited December 12 and withdrawn on February 29 (leap year)

Reference no: EM133036009

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