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Determine the amount of money in a savings account at the end of one years,...

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Determine the amount of money in a savings account at the end of one years, given an initial deposit of $9,500 and an 12 percent annual interest rate when interest is compounded (a) annually. (b) semiannually, and (quarterly. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) 3. Annually b. Seniannually c. Quarterly Future value $ 10640700 $ 10074.20 $10092233 Calculate the effective annual interest rate of each compounding possibility. (Use a Financial calculator to arrive at the answers. Round the final answers to 2 decimal places.) Effective annual interest rate a. Annually b. Seniannually c. Quarterly 4

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