$42,000 is deposited for 3 years in an account earning 3% interest. (Round your answers to two decimal places.) (a) Calculate the interest earned if interest is compounded semiannually. $ 45924.62 (b) Calculate the interest earned if interest is compounded quarterly. $ 45939.89 (c) How much more interest is earned on the account when the interest is compounded quarterly? $ 15.27 Submit Answer

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