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a) After his birthday, Chris decided to invest his money into a new venture: hot-air ballooning. He knew his dream was a long way away

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a) After his birthday, Chris decided to invest his money into a new venture: hot-air ballooning. He knew his dream was a long way away so he invested $5550 into an account at an interest rate of 4.5%/a compounded quarterly and he waited for 14 years. On a stroke of good luck, while walking down the street he was hit on the head with a computer and in the settlement earned $25000. He also withdrew all of his money and along with his settlement he invested in another account at an interest rate of 6.5%/a compounded weekly. In 24 years, will Chris have enough to purchase a hot air balloon worth $170000

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