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Meadow Company wants to invest its net profits of $85939 for 9 years in either a credit union or a local bank. The credit union

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Meadow Company wants to invest its net profits of $85939 for 9 years in either a credit union or a local bank. The credit union provides interest of 4.92% compounded monthly, while the local bank provides interest of 8.1% compounded semi-annually. What would be the maturity value of the investment under the local bank option? Round to the nearest cent Answer: Next page ture Slides Jumoto Handouts for Review for Midterm MacBook Air 090 DOO fa > FS * % 5 ade & 7 8 9 R T Y U O F G H J

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