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. Brandon, an investment banker, took a risk and invested $350, 000 in a fund that had a yield of 6.75% compounded quarterly. After two
. Brandon, an investment banker, took a risk and invested $350, 000 in a fund that had a yield of 6.75% compounded quarterly. After two years, the fund did poorly and its yield dropped to 2.25% compounded semiannually. Brandon waited for eight months and withdrew all of his money. Calculate the accumulated money in his fund at the time of withdrawal.
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