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compounded semi-annually. a. Calculate the maturity value of the fund on January 7th, 2014. Round to the nearest cent b. On January 7th, 2014, the

compounded semi-annually.

a. Calculate the maturity value of the fund on January 7th, 2014.

Round to the nearest cent

b. On January 7th, 2014, the interest rate on the fund changed to 3% compounded monthly. Calculate the maturity value of the fund on November 16th, 2014.

Round to the nearest cent

c

If you want to have a million dollars 36 years from today, how much should you invest in your savings account that earns interest of 5.06% compounded monthly?

Round to the nearest cent

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