Jim Duggan made an investment of $10,000 in
Chapter , Problem 3-49(choose chapter or problem)
Jim Duggan made an investment of $10,000 in asavingsaccount10 yearsago.Thisaccountpaid inter- est of 51/2% for the first 4 years and 61/2% interestfor the remaining 6 years. The interest charges werecompounded quarterly. How much is this investmentworth now?
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