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Please answer in legible handwriting. Please ensure that your answer is correct. Thank you An investment of $2058.37 earns interest at 5.4% per annum compounded
Please answer in legible handwriting.
Please ensure that your answer is correct.
Thank you
An investment of $2058.37 earns interest at 5.4% per annum compounded annually for 2 years. At that time the interest rate is changed to 4.3% compounded semi-annually. How much will the accumulated value be 1.5 years after the change?
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The accumulated value is:$[ ]
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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