Question: please show work - all steps Q3. What is value at the end of year 6 of $100 deposited today if an interest rate of

please show work - all steps

Q3. What is value at the end of year 6 of $100 deposited today if an interest rate of 8% is compounding annually? What if interest rate were paid semi-annually instead of annually? Please write down to steps to get partial credit. (1 point)

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