Question BE6-1- Chris Spear invested $ 15,000 today in a fund that earns 8% compounded annually. To what amount will…

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Question BE6-1- Chris Spear invested $ 15,000 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 3years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually?

 

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