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Determine the total amount and the interest paid on $4000 with interest compounded monthly for...

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Basic Math

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Determine the total amount and the interest paid on $4000 with interest compounded monthly for 5 years ata) 2%.b) 4%.c) 8%.d) Is there a predictable outcome in either the amount or the interest when the rate is doubled?a) The total amount accumulated at 2% is $(Round to the nearest cent as needed.)

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