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2. What is the accumulated value of $300 invested for 20 years at 5.3% p.a. compounded (a) annually? (b) semi-annually? (c) quarterly? (d) monthly? (a)

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2. What is the accumulated value of $300 invested for 20 years at 5.3% p.a. compounded (a) annually? (b) semi-annually? (c) quarterly? (d) monthly? (a) The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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