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A financial adviser is reviewing one of her clients accounts. The client has been investing $1, 000 at the end of every quarter for the
A financial adviser is reviewing one of her clients accounts. The client has been investing $1, 000 at the end of every quarter for the past 9 years in a fund that has the average return of 7.2% compounded quarterly. How much money does the client have today in his account? What is the amount of interest earned? Round the answers to two decimal places.
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