A deposit of $8,000 earns interest at 7% p.a. compounded quarterly for four years and five months. At that time, the int

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A deposit of $8,000 earns interest at 7% p.a. compounded quarterly for four years and five months. At that time, the int

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A Deposit Of 8 000 Earns Interest At 7 P A Compounded Quarterly For Four Years And Five Months At That Time The Int 1
A Deposit Of 8 000 Earns Interest At 7 P A Compounded Quarterly For Four Years And Five Months At That Time The Int 1 (55.54 KiB) Viewed 14 times
A deposit of $8,000 earns interest at 7% p.a. compounded quarterly for four years and five months. At that time, the interest rate changes to 6% p.a. compounded monthly. What is the value of the deposit three years after the change in the rate of interest? *
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