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Include Time Line in response Part A. You invested $8000 at 4.375% compounded quarterly. After 2 years, the rate changed to 5.5% Compounded monthly. What
Include Time Line in response
Part A. You invested $8000 at 4.375% compounded quarterly. After 2 years, the rate changed to 5.5% Compounded monthly. What amount will you have 5 1/2 years from the initial investment? (No deposits or withdrawals until last day) Step by Step Solution
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