How much is the investment worth now

Reference no: EM132156871

Question: Jim Duggan made an investment of $10,000 in a savings account10 years ago. This account paid interest of 51/2% for the first 4 years and 61/2% interest for the remaining 6 years. The interest charges were compounded quarterly. How much is this investment worth now? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132156871

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