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You deposit 550 into an account with an A P R annual percentage rate of...

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Basic Math

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You deposit 550 into an account with an A P R annual percentage rate of 6 Find the amount of money in the account after 5 years given each method of compounding Round each answer to the nearest penny a Compounded once annually b Compounded every 6 months c Compounded daily assume there are 365 days per year d Compounded continuously

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