On May 16, 2015, Jonah invested $30,000 in a fund that was growing at 3.75% compounded semi-annually.
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On May 16, 2015, Jonah invested $30,000 in a fund that was growing at 3.75% compounded semi-annually. On April 27, 2016, the interest rate on the fund changed to 4.25% compounded monthly and remained constant thereafter. What will be the accumulated value of the fund on August 29, 2020?
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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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