What investment would have to be made today into an account which earns interest at a...

 

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What investment would have to be made today into an account which earns interest at a rate of 3.3%/a compounded semi-annually, so that $3600 will be accumulated at the end of seven years? [3 marks] What investment would have to be made today into an account which earns interest at a rate of 3.3%/a compounded semi-annually, so that $3600 will be accumulated at the end of seven years? [3 marks]