Question: Use technology to compute the balance in each of the following accounts. a . An account with monthly compounding, an APR of 6 % ,

Use technology to compute the balance in each of the following accounts.
a. An account with monthly compounding, an APR of 6%, and an initial deposit of $1000, after 5 years
b. An account with monthly compounding, an APR of 4.6%, and an initial deposit of $900, after 26 years
c. An account with daily compounding, an APR of 2.75%, and an initial deposit of $900, after 51 years
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Part 1
a. After 5years, the balance obtained by investing $1000 at a rate of 6% with monthly compounding, will be $
1348.85.
(Round to the nearest cent as needed.)
Part 2
b. After 26years, the balance obtained by investing $900 at a rate of 4.6% with monthly compounding, will be $
enter your response here.
(Round to the nearest cent as needed.)

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