Bob deposits $11000 at the beginning of each year for six years in a fund earning...

Bob deposits $11000 at the beginning of each year for six years in a fund earning an effective annual rate of 6.7%. The interest from this fund can only be reinvested at an effective annual rate of 2.1%. Find the accumulated value of Bob’s investment at the end of thirteen years. Round your answer to the nearest cent.

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ekkarill92 answered 1 year ago

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