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a) Your company's investment fund manager decides to invest GH500,000 of your fund in a 1-year Cash Deposit yielding 10.6% interest compounded monthly. If the

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a) Your company's investment fund manager decides to invest GH500,000 of your fund in a 1-year Cash Deposit yielding 10.6% interest compounded monthly. If the fund manager receives the principal on the due date of the first Cash Deposit investment and re-invests in another 1-year Cash Deposit paying 9.2% interest compounded daily, find the net decrease or otherwise, in his yearly income from his investment

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