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Answer the following with complete solutions: 7.3. Based on the initial amount 2 points computed, how much fund will there be after 10 years, at
Answer the following with complete solutions:
7.3. Based on the initial amount 2 points computed, how much fund will there be after 10 years, at 18% compounded monthly? Your answer 7.4. Based on the initial amount 2 points computed, how much fund will there be after 13 years, at 14% compounded semi-annually? Your answer 7.1. What is the initial amount 4 points invested in the fund? Your answer 7.2. Based on the initial amount 2 points computed, how much fund will there be after 5 years, at simple interest? Your answer 7.3. Based on the initial amount 2 points computed, how much fund will there be after 10 years, at 18% compounded monthly? Your answer A certain amount was invested in a fund at a rate of 7' 1/2% simple interest for the rst 5 years, at 18% compounded monthly for the next 5 years, and at 14% compounded semi-annually for the remaining years. If the total amount in the fund after 13 years is P 95 300, find the initial amount invested in the fundStep by Step Solution
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