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Jenna owes the bank $2,300 which accumulates interest at 6% compounded quarterly

from April 1, 2016, to January 1, 2019,. After January 1, 2019, the debt is compounded semi- annually at a rate of 10%. What is the accumulated value of the debt owed January 1, 2021?

1 Answer

1 vote
Answer-The accumulated value of the debt owed January 1, 2021 is $3,298.14
User DhaRmvEEr SiNgh
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