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2500 is invested find the accumulated value of the

Question: 2500 is invested. Find the accumulated value of the investment 10 years after it is made for each of the following rates:

4% annual simple interest;

4% effective annual compound interest;

6-month interest rate of 2% compounded every 6 months;

3-month interest rate of 1% compounded every 3 months.

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Finance Basics: 2500 is invested find the accumulated value of the

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Finance Basics: 2500 is invested find the accumulated value of the

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