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On June 25th, 2013, Joseph invested $17,000 in a fund that was growing at 7% compounded quarterly. a. Calculate the accumulated amount of the fund
On June 25th, 2013, Joseph invested $17,000 in a fund that was growing at 7% compounded quarterly. a. Calculate the accumulated amount of the fund on February 6th, 2014. Round to the nearest cent b. On February 6th, 2014, the interest rate on the fund changed to 5\% compounded monthly. Calculate the accumulated amount of the fund on December 7th, 2014. Round to the nearest cent
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