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An investment of $ 1 3 , 0 0 0 was growing at 5 . 5 % compounded semi - annually. a . Calculate the
An investment of $ was growing at compounded semiannually. a Calculate the maturity value of this investment at the end of year Round to the nearest cent b If the interest rate changed to compounded monthly at the end of year calculate the maturity value of this investment at the end of year
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