6. Suppose you invest in an account paying simple interest. You invest $4250 at a...
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6. Suppose you invest in an account paying simple interest. You invest $4250 at a rate of 2.6% for 18 years?. a) How much interest will you earn at the end of the time period? b) How much will you have in the account at the end of the time period? Suppose you invest in an account paying compound interest weekly. If you invest $500 at a rate of 3.9%. c) How much will you have in the account at the end of 12 years? d) How much interest will you earn at the end of 12 years
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