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An investment of $2600 earns interest at 7.2 % per annum compounded quarterly for four years. At that time the interest rate is changed to
An investment of $2600 earns interest at 7.2 % per annum compounded quarterly for four years. At that time the interest rate is changed to 6.8 % compounded semi dash annually. How much will the accumulated value be one dash and dash a dash half years after the change? The accumulated value is $
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
