Calculate the accumulated value and the amount of interest earned by deposits made by an investor for
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Calculate the accumulated value and the amount of interest earned by deposits made by an investor for eight years at 7.3% compounded semi-annually. The investor deposited $2500 at the beginning of every six months for three years, followed by $3000 at the beginning of every six months for the next five years.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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