Question: Mid-Term Exam Practice: Three Practical Questions - All Compulsory - 60 Marks. Q1a). Paulie is planning to invest $32 000 today in an investment fund

Mid-Term Exam Practice: Three Practical Questions - All Compulsory - 60 Marks. Q1a). Paulie is planning to invest $32 000 today in an investment fund that will provide a return of 11 per cent each year. What will be the value of the investment in 10 years? (2 Marks for correct timeline, 2 Marks for correct formula, 4 marks for correct working and 21 Marks for correct answer to equal a total of 10 Marks) Chinna 1

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