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Title: An investment of $21 700 is accumulated at 5.24% compounded quarterly for three and one-half years. Post by: Sarbjeet Pandher on Oct 24, 2020 An investment of $21 700 is accumulated at 5.24% compounded quarterly for three and one-half years. At that time the interest rate is changed to 6.12% compounded monthly. You wish to calculate how much is the investment worth two years after the change in interest rate? Find n (the number of periodic periods) for Step 1 and Step 2, respectively
Title: Re: An investment of $21 700 is accumulated at 5.24% compounded quarterly for three and one-half ... Post by: bio_man on Oct 24, 2020 Try this: https://biology-forums.com/index.php?topic=820039.0
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