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Ex3: The future value of an investment compounded monthly after + years is given by A = 250(1.005)^12ta. What is the initial investment and annual percentage rate (APR) for this model?b. What is the annual
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Ex3: The future value of an investment compounded monthly after + years is given by A = 250(1.005)^12ta. What is the initial investment and annual percentage rate (APR) for this model?b. What is the annual percentage yield (APY) for this model?

Ex3: The future value of an investment compounded monthly after + years is given by-example-1
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