Solved The following money market account rates were available from a particular bank. Find the compound amount and the interest earned $11,000 at 1.18% compounded daily for 1 year

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The following money market account rates were available from a particular bank. Find the compound amount and the interest earned $11,000 at 1.18% compounded daily for 1 year The compound amount is $ (Do not round until the final answer. Then round to the nearest cent as needed.)

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