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September 19, 2014

Homework Help: math

Posted by Annie on Wednesday, January 18, 2012 at 4:07pm.

Sally invests some money at 65/a compounded annually. After 5 years . she takes the principal and interest and reinvests it all at 7.2%/a compounded quarterly for 6 more years. At the end of this time, her investment is worth $ 14 784.56 . How much did Sally originally invest?

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