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  3. 6000 are invested in a bank account at an interest

6000 are invested in a bank account at an interest rate of 8 percent per...

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Basic Math

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6000 are invested in a bank account at an interest rate of 8 percent per year Find the amount in the bank after 11 years if interest is compounded annually Find the amount in the bank after 11 years if interest is compounded quarterly Find the amount in the bank after 11 years if interest is compounded monthly Finally find the amount in the bank after 11 years if interest is compounded continuously 2

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