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Jennifer Nelson deposited $500 into a savings account earning 3%, compounded semiannually. After 5 years, she took the money and moved it into an account
Jennifer Nelson deposited $500 into a savings account earning 3%, compounded semiannually. After 5 years, she took the money and moved it into an account earning 3.8%, compounded quarterly. Four years later she withdrew all the money. How much money was in the account after 9 years? Use TVM worksheet.
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