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On July 17th, 2013, Joseph invested $15,000 in a fund that was growing at 5% compounded semi-annually. a. Calculate the future value of the fund

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On July 17th, 2013, Joseph invested $15,000 in a fund that was growing at 5% compounded semi-annually. a. Calculate the future value of the fund on February 17th, 2014. Round to the nearest cent b. On February 17th, 2014, the interest rate on the fund changed to 4% compounded monthly. Calculate the future value of the fund on December 16th, 2014. Round to the nearest cent

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