If $150 is invested at 12% compounded (A) annually, (B) quarterly, (C) monthly, what is the...
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If $150 is invested at 12% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount after 7 years? How much interest is earned? (A) If it is compounded annually, what is the amount? $ (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.) (B) If it is compounded quarterly, what is the amount? $ (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.) (C) If it is compounded monthly, what is the amount? (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.) If $150 is invested at 12% compounded (A) annually, (B) quarterly, (C) monthly, what is the amount after 7 years? How much interest is earned? (A) If it is compounded annually, what is the amount? $ (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.) (B) If it is compounded quarterly, what is the amount? $ (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.) (C) If it is compounded monthly, what is the amount? (Round to the nearest cent.) How much interest is earned? $ (Round to the nearest cent.)
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