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On April 4th, 2013, Joseph invested $17,000 in a fund that was growing at 5% compounded quarterly. a. Calculate the maturity value of the fund
On April 4th, 2013, Joseph invested $17,000 in a fund that was growing at 5% compounded quarterly. a. Calculate the maturity value of the fund on November 19th, 2013. Round to the nearest cent b. On November 19th, 2013, the interest rate on the fund changed to 6% compounded monthly. Calculate the maturity value of the fund on November 13th, 2014. Round to the nearest cent
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