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Use Tables 12-1 and 12-2 from Your Text to Answer

question 11

Short Answer

Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Find the interest earned on an account if a deposit of $500 is made at the END of every quarter, for 5 years if the bank pays 12% interest, compounded quarterly.


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