An investments account offers a 12% annual return. If $50,000 is placed in the account for two
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An investments account offers a 12% annual return. If $50,000 is placed in the account for two years, by how much will the investment grow if interest is compounded
(a) Annually
(b) Semiannually
(c) Quarterly
(d) Monthly?
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The investment growth will be as follows a Annually 50000 x 1 01...View the full answer
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