Salvatore will contribute $500 to a mutual fund at the beginning of each calendar quarter. a. What
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a. What will be the value of his mutual fund after 6 ½ years if the fund earns 7.6% compounded annually?
b. How much of this amount represents investment earnings?
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a Given PMT 500 n 465 26 i 761 76 Amount in mutual fund will be 1680344 ...View the full answer
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