If this interest rate is maintained how much would be in


A superannuation fund receives an amount of $449 at the end of each fortnight from one of its members. It invests this amount for the member in a cash fund that pays 6.0% p.a. compounded fortnightly.

If this interest rate is maintained, how much would be in the member's account after 14 years, if no charges or taxes are deducted?

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Financial Management: If this interest rate is maintained how much would be in
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