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Invested at an interest rate

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Reference no: EM131720891

If 45000 dollars is invested at an interest rate of 7 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.

(a)annual _________________

(b) semiannual______________

(c)monthly____________

(d)daily_____________

Reference no: EM131720891

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