Question: PLEASE USE MICROSOFT WORD: Find the amount at which $6000 will grow under following conditions 10% annual rate, compounded semi-annually for 5 years 15% annual

PLEASE USE MICROSOFT WORD:

  1. Find the amount at which $6000 will grow under following conditions
    1. 10% annual rate, compounded semi-annually for 5 years
    2. 15% annual rate, compounded monthly for 3 years

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