The accumulated value of a mutual fund is $23,371.10 and the interest earned is $5371.10. If it

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The accumulated value of a mutual fund is $23,371.10 and the interest earned is $5371.10. If it was growing at 7.25% compounded semi-annually, what is the time period of this investment?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:05 AM

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The accumulated value of a mutual fund is $23,371.10 and the interest earned is $5371.10. If it

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