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Shuffle questions Question 1 of 7 Red Company invested $20,000 in a fund that was earning interest at a rate of 3,00% compounded semi-annually. After

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Shuffle questions Question 1 of 7 Red Company invested $20,000 in a fund that was earning interest at a rate of 3,00% compounded semi-annually. After 3 years and 6 months, the company transferred these funds to another investment that was earning interest at 5.50% compounded monthly. a. What is the balance in the fund at the end of 3 years and 6 months? $0.00 Round to the nearest cent b. What is the balance In the fund at the end of 5 years (from the Initial investment)? $0.00 Round to the nearest cent c. By what amount did the fund grow during the 5 year period? $0.00 Round to the nearest cent

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