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What is the value of deposit

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Reference no: EM132770454

You make a special bank deposit of $2,500. What is the value of your deposit 5 years from now if

a) 3.6% compounded annually for 5 years

b) 3.6% compounded quarterly for 5 years

c) 3.6% compounded daily for 5 years.

Reference no: EM132770454

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