Business, 18.01.2021 23:20 mimacapa

1. Valley Savings and Trust pays 5% interest compounded quarterly on regular savings accounts. Leland Davis deposited $2,000 in a regular savings account. He made no other deposits or withdrawals during the interest period. a. What is the amount in the account after 14 years? b. How much interest did his money earn? c. What is the amount in the account if the money is left on deposit for 6 more months? d. How much interest did his money earn?

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1. Valley Savings and Trust pays 5% interest compounded quarterly on regular savings accounts. Lelan...

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