Question: please help with this question Larry wins $80,000 in the lottery. He invests the total amount in a GIC that earns him interest of 4.5%
please help with this question
Larry wins $80,000 in the lottery. He invests the total amount in a GIC that earns him interest of 4.5% compounded quarterly. Two and a half years later he begins to deposit $1,000 at the end of every 6 months and now earns 5.25% compounded annually. What is the value of William's investment 6 years from the original investment date
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