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OpenStudy (anonymous):
sim invests some money in an account that ears a fixed rate of interest compounded annually . the amounts of the invest at the end of the first three years shown down YEAR ---- TOTAL AMOUNT 1--------$4240.00 2--------$4494.40 3--------$4764.06 a)A DETERMINE THE ANUAL RATE OF COMPOUND INTEREST EARNED? b)HOW MUCH DID SIMA INVEST?
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