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When Minerva was born, her grandparents set up two investments of $2000 for her. One earns 6.9%, compounded quarterly; the other earns 6.9%, compounded daily.
When Minerva was born, her grandparents set up two investments of $2000 for her. One earns 6.9%, compounded quarterly; the other earns 6.9%, compounded daily. Minerva is now 17. Determine the currrent value of each investment.
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