Question: Solve each problem. Future Value Find the future value and interest earned if $56,780 is invested at 2.8% compounded (a) quarterly for 23 quarters (b)

Solve each problem.

Future Value Find the future value and interest earned if $56,780 is invested at 2.8% compounded

(a) quarterly for 23 quarters 

(b) continuously for 15 yr.

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