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Question 2 of 7 Gabrielle invested $1,025 at the end of every month into an investment fund that was earning interest at 3.25% compounded monthly.
Question 2 of 7 Gabrielle invested $1,025 at the end of every month into an investment fund that was earning interest at 3.25% compounded monthly. She stopped making regular deposits at the end of 6 years when the interest rate changed to 3.50% compounded quarterly. However, she let the money grow in this investment fund for the next 4 years. a. Calculate the accumulated balance in her investment fund at the end of 6 years. Question 2 of 7 b. Calculate the accumulated balance in her investment fund at the end of 10 years. Round to the nearest cent th c. Calculate the amount of interest earned over the 10-year period
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