Question: Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $43,000 invested at 4% annual


Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $43,000 invested at 4% annual interest for 4 years compounded (a) annually; (b) semiannually (a) If the interest is compounded annually, there will be $ in the account after 4 years. (Do not round until the final answer. Then round to the nearest cent as needed.) (b) If the interest is compounded semiannually, there will be $ in the account after 4 years. (Do not round until the final answer. Then round to the nearest cent as needed.)
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