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Business, 01.03.2021 22:10 cookiebrain72

If you deposit $1,000 in an account that earns 5% per year, compounded annually, you will have $1,276 at the end of 5 years. What would be the balance in the account at the end of 5 years if interest compounds monthly?

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If you deposit $1,000 in an account that earns 5% per year, compounded annually, you will have $1,27...
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