Erica invested $19,800 in a mutual fund at 4.4% compounded monthly. After 3 years, the interest rate was changed to 7.6%

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Erica invested $19,800 in a mutual fund at 4.4% compounded monthly. After 3 years, the interest rate was changed to 7.6%

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Erica Invested 19 800 In A Mutual Fund At 4 4 Compounded Monthly After 3 Years The Interest Rate Was Changed To 7 6 1
Erica Invested 19 800 In A Mutual Fund At 4 4 Compounded Monthly After 3 Years The Interest Rate Was Changed To 7 6 1 (136.8 KiB) Viewed 28 times
Erica invested $19,800 in a mutual fund at 4.4% compounded monthly. After 3 years, the interest rate was changed to 7.6% compounded quarterly. a) How much was the value of the fund 6 years after the rate change? $ b) How much was the total compound interest earned during the whole term? $
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