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What is the amount of interest earned from this investment

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Reference no: EM133178488

Question - Erin deposited $25,000 in an investment fund that was growing at a rate of 4.00% compounded quarterly, for a period of 6 years and 9 months.

Required -

a. What is the accumulated value of the investment at the end of 6 years and 9 months?

b. What is the amount of interest earned from this investment?

Reference no: EM133178488

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