An investment of $17,000 is growing at 4% compounded semi-annually.a. Calculate the accumulated amount of...
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Accounting
An investment of $ is growing at compounded semiannually.a Calculate the accumulated amount of this investment at the end of year b If the interest rate changed to compounded monthly at the end of year calculate the accumulated amount of this investment at the end of year c Calculate the total amount of interest earned from this investment during the year period.
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