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Business, 07.10.2020 23:01 amourjenny
Joe Franklin deposits $22,000 in a savings account that pays 6% interest compounded monthly. Three years later, he deposits $16,000. Two years after the $16,000 deposit, he makes another deposit in the amount of $13,500. Four years after the $13,500 deposit, half of the accumulated funds are transferred to a fund that pays 8% interest compounded quarterly. How much money will be in each account six years after the transfer
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Joe Franklin deposits $22,000 in a savings account that pays 6% interest compounded monthly. Three y...
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