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On August 18th, 2013, Joseph invested $13,000 in a fund that was growing at 6% compounded semi-annually. a. Calculate the future value of the fund

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On August 18th, 2013, Joseph invested $13,000 in a fund that was growing at 6% compounded semi-annually. a. Calculate the future value of the fund on March 28th, 2014. Round to the nearest cent b. On March 28th, 2014, the interest rate on the fund changed to 5% compounded monthly. Calculate the future value of the fund on April 25th, 2015. Round to the nearest cent

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