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Red Company invested $10,000 in a fund that was earning interest at a rate of 3.00% compounded semi-annually. After 2 years and 6 months, the

Red Company invested $10,000 in a fund that was earning interest at a rate of 3.00% compounded semi-annually. After 2 years and 6 months, the company transferred these funds to another investment that was earning interest at 5.50% compounded monthly.
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Red Company invested $10,000 in a fund that was earning interest at a rate of 3.00% compounded semi-annually. After 2 years and 6 months, the company transferred these funds to another investment that was earning interest at 5.50% compounded monthly

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