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Six Years After Mr

Question 100

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Six years after Mr. Robertson deposited $7110.00 in a savings account that earned interest at 6.8% p.a., compounded semi-annually, the interest was changed to 7.2% p.a., compounded quarterly. How much was in the account ten years after the deposit was made?

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After 6 years:
PV = 7110.00; i = .034; n...

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