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Find the accumulated value of $16,000 invested for 5 years (A) at a nominal annual rate of interest of 5% convertible quarterly. 12480.14 (B)
Find the accumulated value of $16,000 invested for 5 years (A) at a nominal annual rate of interest of 5% convertible quarterly. 12480.14 (B) at 6% per year compounded weekly. (C) at a discount rate of 2.8% per year compounded monthly.
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