Julius inherited $50,000 each from their great-grandmothers estate. Quinn
invested her money in a 5-year CD paying 1.6% interest compounded semiannually.
Julius deposited his money in a money market account paying 1.05% compounded
monthly. a. How much money will each have in 5 years? Round to the nearest
whole dollar. b. How much compound interest will they each have earned at the
end of the 5 years?
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