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6. Find the amount to which $550 will grow under each of the following conditions:...

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Finance

6. Find the amount to which $550 will grow under each of the following conditions:

a. 14% compounded annually for 5 years

b. 14% compounded semiannually for 5 years

c. 16% compounded quarterly for 5 years

d. 16% compounded monthly for 5 years

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