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An investment of $3435.33 earns interest at 6.9% per annum compounded annually for 4 years. At that time the interest rate is changed to 20.1%
An investment of $3435.33 earns interest at 6.9% per annum compounded annually for 4 years. At that time the interest rate is changed to 20.1% compounded monthly. How much will the accumulated value be 2 years after the change? The accumulated value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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