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Find the future value and interest earned if $8804.56 is invested for 8 years at...

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Basic Math

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Find the future value and interest earned if $8804.56 is invested for 8 years at 4% compounded (a) semiannually and (b) continuously.(a) The future value when interest is compounded semiannually is approximately $(Type an integer or decimal rounded to the nearest hundredth as needed.)The interest earned is approximately $(Type an integer or decimal rounded to the nearest hundredth as needed.)(b) The future value when interest is compounded continuously is approximately $ (Type an integer or decimal rounded to the nearest hundredth as needed.)The interest earned is approximately $(Type an integer or decimal rounded to the nearest hundredth as needed.)

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