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A company deposited $7,500 into an investment fund at the beginning of every quarter for 6 years. It then stopped making deposits into the
A company deposited $7,500 into an investment fund at the beginning of every quarter for 6 years. It then stopped making deposits into the fund and allowed the investment to grow for 4 more years. The fund was growing at 5.75% compounded monthly. a. What was the accumulated value of the fund at the end of 6 years? Round to the nearest cent b. What was the accumulated value of the fund at the end of 10 years? Round to the nearest cent c. What was the amount of interest earned over the 10-year period? Round to the nearest cent
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