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Find how much money there will be in the account

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Reference no: EM131155957

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.

Principal

 Rate

Compounded

 Time

$4,000

3%

semiannually

4 years

A. Find how much money there will be in the account after the given number of years.
B. Find the interest earned.

Reference no: EM131155957

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