Question: Solve each problem. Future Value Find the future value and interest earned if $8906.54 is invested for 9 yr at 3% compounded (a) Semiannually (b)

Solve each problem.

Future Value Find the future value and interest earned if $8906.54 is invested for 9 yr at 3% compounded

(a) Semiannually 

(b) Continuously.

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