One hundred dollars is placed in an account that pays 12 percent. How much will be in

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One hundred dollars is placed in an account that pays 12 percent. How much will be in the account after one year if interest is compounded annually, semiannually, or monthly?

One hundred dollars is to be received after one year. What is the present value of this amount if you can earn 12 percent compounded annually, semiannually, or monthly?

Posted Date: May 19, 2024 03:17 PM

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One hundred dollars is placed in an account that pays 12 percent. How much will be in

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