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What is the accumulated value of periodic deposits of \$5,000 made into an investment fund at the beginning of every quarter, for 6 years, if the interest rate is 2.50% compounded quarterly?

Round to the nearest cent.
– Ashley invested \$1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 3.20% compounded semi-annually and for the next 3 years it earned interest at a rate of 6.20% compounded semi-annually.
a. Calculate the accumulated value of his investment at the end of the first 8 years.
Ă˘â‚¬Â˘\$54,218.00
Ă˘â‚¬Â˘ \$54,599.94
Ă˘â‚¬Â˘ \$34,335.11
Ă˘â‚¬Â˘ \$34,884.47
b. Calculate the accumulated value of her investment at the end of 11 years.
Ă˘â‚¬Â˘ \$54,218.00
Ă˘â‚¬Â˘ \$54,599.94
Ă˘â‚¬Â˘ \$47,587.29
Ă˘â‚¬Â˘ \$34,884.47
c. Calculate the amount of interest earned from the investment.
Ă˘â‚¬Â˘ \$12,799.94
Ă˘â‚¬Â˘ \$12,418.00
Ă˘â‚¬Â˘ \$11,497.12
Ă˘â‚¬Â˘ \$1,302.82

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