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What value if interet was compounded quarterly

Assignment Help Mathematics
Reference no: EM13960546

Two Questions:

Facts of first problem:

Total invested dollars: $2850

Type of investment: 36 month CD at 2% compounded daily

Question 1. How much is investment worth after 36 months?

Facts of second problem:

$10,000 investment

3.5% compounded quarterly

Questions 2.

1. Value after 18 years

2 What value if interet was compounded quarterly?

Reference no: EM13960546

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