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QUESTION

Find the compound amount for the deposit and the amount of interest earned. $6200 at 3% compounded quarterly for 5 years The compound amount after 5...

A) compound amount after 5 years

B) Intrest earned

Find the compound amount for the deposit and the amount of interest earned. $6200 at 3% compounded quarterly for 5 years The compound amount after 5 years is $|:|.(Do not round until the final answer. Then round to the nearest cent as needed.) The amount of interest earned is $|:|.(Do not round until the final answer. Then round to the nearest cent as needed.)
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