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Christopher Thompkins must decide how to invest $15,000 that he just inherited. What would be the future value of his investment after 5 years under

Christopher Thompkins must decide how to invest $15,000 that he just inherited. What would be the future value of his investment after 5 years under each of the following two investment opportunities?

a.6.29 percent compounded quarterly.

What is the value of investment after 5 years?

b.6.12 percent compounded monthly.

What is the value of investment after 5 years?

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