Multiple Choice
You deposit $3000 every 6-months into a fund earning interest at j2 = 7%.Immediately after the 9th deposit,the interest rate changes to j2 = 6%.How much is in your fund immediately after the 20th deposit?
A) $69,528.87
B) $81,292.71
C) $81,480.66
D) $83,836.46
Correct Answer:
Verified
Correct Answer:
Verified
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