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FINAL ANSWER NEEDED ASAP A $5200 investment earned 7.1% interest compounded quarterly for the first three years, and 7.7% compounded semi-annually for the subsequent period.
FINAL ANSWER NEEDED ASAP
A $5200 investment earned 7.1% interest compounded quarterly for the first three years, and 7.7% compounded semi-annually for the subsequent period. How much was the accumulated value five years after the initial investment? 7487.97 7430.15 7574.65 7409.74 7470.04Step by Step Solution
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