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An investment of $3200 earns interest at 4.5% per annum compounded semi-annually for three years. At...

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An investment of $3200 earns interest at 4.5% per annum compounded semi-annually for three years. At that time the interest r
An investment of $3200 earns interest at 4.5% per annum compounded semi-annually for three years. At that time the interest rate is changed to 4.9% compounded monthly. How much will the accumulated value be one-and-a-half years after the change? The accumulated value is $] (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Answer - investment amountp= $3200 rate of interest, r = 4.5% 2 = 3 X 2= 6 = 2.25% years, in ie become Amount after 3 years A

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