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Gianna invests $25000 in an account for 10 years at 5.5% p.a. interest compounded monthly. Inflation over the period averaged 3.4% per year. (a) Find

Gianna invests $25000 in an account for 10 years at 5.5% p.a. interest compounded monthly.

Inflation over the period averaged 3.4% per year.

(a) Find the value of Gianna's investment after 10 years.

(b) Index the original vestment for inflation.

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