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An investment of $ 4 5 7 7 1 7 earns interest at 6 . 1 % per annum compounded semi - annually for 2

An investment of $

4577 17

earns interest at

6.1 %

per annum compounded semi

-

annually for

2

years. At that time the interest rate is changed to

5.9 %

compounded annually. How much value be

4

years after the change?

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