An investment of $2347.38 earns interest at 6.7% per annum compounded quarterly for 3 years. At that time the interest r
Posted: Wed Jul 06, 2022 11:54 am
An investment of $2347.38 earns interest at 6.7% per annum compounded quarterly for 3 years. At that time the interest rate is changed to 53% compounded semi-annually How much will the accumulated value be 2.5 years after the change? KER The accumulated value is $3260 051800 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)