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2)What is the value of $500 invested at 4% interest compounded monthlyfor 5 years?A(t) = P(1+)"A.$5,259.81B.$806.50C.$900.47D. $610.50

2)What is the value of $500 invested at 4% interest compounded monthlyfor 5 years?A(t) = P(1+)"A.$5,259.81B.$806.50C.$900.47D. $610.50
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2)What is the value of $500 invested at 4% interest compounded monthlyfor 5 years?A(t) = P(1+)"A.$5,259.81B.$806.50C.$900.47D. $610.50

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User Alhcr
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SOLUTION

write out the given information


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User LadIQe
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