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If 40100 dollars is invested in an account with an annual interest rate of 8 percent, find the value of the investment at the end of 5 years for the following compounding methods.

(a) Annual: Your answer is

(b) Semiannual: Your answer is

(d) Daily: Your answer is

(e) Continuously: Your answer is

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92367411

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