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Question 13 of 13 An investment of $17,000 is growing at 4% compounded quarterly. a. Calculate the accumulated amount of this investment at the end

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Question 13 of 13 An investment of $17,000 is growing at 4% compounded quarterly. a. Calculate the accumulated amount of this investment at the end of year 1. Round to the nearest cent b. If the interest rate changed to 5% compounded monthly at the end of year 1, calculate the accumulated amount of this investment at the end of year 4. Activate SAVE PROGRESS SUBMIT AS AD 0) ug 19, 2020 10:15 AM Question 13 of 13 b. If the interest rate changed to 5% compounded monthly at the end of year 1, calculate the accumulated amount of this investment at the end of year 4. Round to the nearest cent c. Calculate the total amount of interest earned from this investment during the 4-year period. Round to the nearest cent

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