Deposits of $1500 are made to an investment fund at the end of each month for eight

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Deposits of $1500 are made to an investment fund at the end of each month for eight years. What will be the accumulated value of the fund if the interest earned is 6% compounded annually for the first half of the term and 3% compounded daily for the second half of the term?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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