Asha has been contributing $1000 at the end of every three months into a retirement fund for

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Asha has been contributing $1000 at the end of every three months into a retirement fund for the past ten years. She decided to stop making payments and to allow her investment to grow for another five years. If money could earn 8% compounded semi-annually, how much interest would she have earned over the fifteen-year period?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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