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FINAL ANSWER NEEDED ASAP Two separate investments were made three years ago. The first investment of $860 earned a 3.5% nominal rate of interest compounded
FINAL ANSWER NEEDED ASAP
Two separate investments were made three years ago. The first investment of $860 earned a 3.5% nominal rate of interest compounded monthly. The second investment of $970 earned a 4.1% nominal rate of interest compounded annually. Calculate the total value of the investments today. 2047.81 2047.77 2104.66 2133.35 2049.33Step by Step Solution
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