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Green Inc. invested $10,000.00 in a fund at an interest rate of 12.00% compounded annually. At the end of 15 months their investment advisor transferred
Green Inc. invested $10,000.00 in a fund at an interest rate of 12.00% compounded annually. At the end of 15 months their investment advisor transferred these funds to another investment that was yielding 5.50% compounding monthly for the next year. By how much did the fund grow?
Round to the nearest cent
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