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An investment of $4422.62 earns interest at 7.8% per annum compounded quarterly for 2 years. At that time the interest rate is changed to 3.3%
An investment of $4422.62 earns interest at 7.8% per annum compounded quarterly for 2 years. At that time the interest rate is changed to 3.3% compounded annually. How much will the accumulated value be 2.5 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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