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On September 19th, 2013, Joseph invested $12,000 in a fund that was growing at 5% compounded quarterly. a. Calculate the future value of the fund

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On September 19th, 2013, Joseph invested $12,000 in a fund that was growing at 5% compounded quarterly. a. Calculate the future value of the fund on May 27th, 2014. $0.00 Round to the nearest cent b. On May 27th, 2014, the interest rate on the fund changed to 6% compounded monthly. Calculate the future value of the fund on May 11th, 2015. $0.00 Round to the nearest cent

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