Business, 06.02.2021 01:10 pineapplepizaaaaa

Assume that John deposits $8,000 into an account that has a 2.4% annual interest rate for 8 years. (a) If the interest is compounded annually, there will be $ in the account. (b) If the interest is compounded monthly, there will be $ in the account. (c) If the interest is compounded weekly, there will be $ in the account. (d) If the interest is compounded daily, there will be $ in the account. (e) If the interest is compounded continuously, there will be $ in the account.

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Assume that John deposits $8,000 into an account that has a 2.4% annual interest rate for 8 years. (...

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