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1) A 3, 300.00 principal earns 4% interest compounded annually. After three years, what is the balance in the amount? 2) A 6,000.00 Annable earns 8% annual interest compounded semiannually (twice per year) after 35 years, what is
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Jamal invested $5000.00 in an account that earns 2.50% simple interest per annum for a term of 10 years. A.) How much interest will he earn? B.) How much will his investment be worth at the end of the term?
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