3. You invest $750 at 6% per annum at a bank that pays compound interest. a) How much compound interest would be earned in the first year? b) How much more compound interest would be earned in the second year? c) If you kept your money invested for 4 years, what is the total compound interest that would be earned? (You may want to complete a chart similar to the one on page 3) d) How much money would be in your bank account after 4 years if you did not withdraw any money?

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