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Anika deposited $55,000 in an investment fund that was growing at a rate of 4.50% compounded quarterly, for a period of 4 years and 6

Anika deposited $55,000 in an investment fund that was growing at a rate of 4.50% compounded quarterly, for a period of 4 years and 6 months.

a. What is the accumulated value of the investment at the end of 4 years and 6 months?

b. What is the amount of interest earned from this investment?

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