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Mary Stanley invested $6500 in a 36-month certificate of deposit (CD) that earned 9.5% annual simple interest. How much did Mary receive when the CD
Mary Stanley invested $6500 in a 36-month certificate of deposit (CD) that earned 9.5% annual simple interest. How much did Mary receive when the CD matured? $
When the CD matured, she invested the full amount in a mutual fund that had an annual growth equivalent to 22% compounded annually. How much was Mary's mutual fund worth after 6 years? (Round your answer to the nearest cent.) $
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