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Valeri Invested $5000 at 9

Question 157

Multiple Choice

Valeri invested $5000 at 9.25% compounded quarterly. After 18 months, the rate changed to 9.75% compounded semi-annually. What amount will Valeri have 3 years after the initial investment?


A) $5735.12
B) $6578.31
C) $6652.76
D) $6615.44
E) $6754.33

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