Mathematics, 13.02.2021 07:10 ghst

A principal of $7000 is invested in an account paying an annual rate of 7%. Find the amount in the account after 5 years if the account is compounded semiannually, quarterly, and monthly. (a) The amount in the account after 5 years if the account is compounded semiannually is? (Round to the nearest cent.)

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A principal of $7000 is invested in an account paying an annual rate of 7%. Find the amount in the...

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