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An investment of $ 1 7 , 0 0 0 is growing at 4 % compounded semi - annually.a . Calculate the accumulated amount of

An investment of $17,000 is growing at 4% compounded semi-annually.a. Calculate the accumulated amount of this investment at the end of year 1.b. If the interest rate changed to 3% compounded monthly at the end of year 1, calculate the accumulated amount of this investment at the end of year 4.c. Calculate the total amount of interest earned from this investment during the 4-year period.

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