Karim invested $3000 at the beginning of every three months in a savings account at 6% compounded

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Karim invested $3000 at the beginning of every three months in a savings account at 6% compounded quarterly for 9 years and 9 months. How much more would he have earned if he had invested it in a mutual fund that was growing at 6.5% compounded quarterly?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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