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This question was created from Assignment #5


You have $2,000 invested in a bank account that pays a 4
percent nominal annual interest with daily compounding.
How much money will you have in the account at the end of
July (i.e., in 132 days)? (Assume there are 365 days in each
yean) a. $2,029.14 b. $2,028.93 c. $2,040.00 (1. $2,023.44 e. $2,023.99

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