(Answered) Jim duggan made an investment of 10000 in a saving account

Economics

Jim Duggan made an investment of $10,000 in a saving account 10 years ago. This account paid interest of 5½% for the first 4 years and 6½% interest for the remaining 6 years. The interest charges were compounded quarterly. How much is this investment worth now?

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Macroeconomics, Economics

Category:- Macroeconomics
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