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Chris deposits $4500 in a bank for three years at 3.2% per cent per annum compounded monthly. The he deposits another $15 000 (an inheritance)
Chris deposits $4500 in a bank for three years at 3.2% per cent per annum compounded monthly. The he deposits another $15 000 (an inheritance) in the account at 4% per year compounded semi-annually for six more years.
Question: How much will be in Chris' account at the end of the investment period? Please show your work...
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