SOLUTION: Jack invested $1250 at 4% compounded semi-annually for 3 years. He then reinvested at 6% compounded quarterly for 5 more years. What will his investment be worth at the end of yea

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Question 1131488: Jack invested $1250 at 4% compounded semi-annually for 3 years. He then reinvested at 6% compounded quarterly for 5 more years. What will his investment be worth at the end of year 8 ?
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Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
First Finished Investment
1250%281%2B0.04%2F2%29%283%2A2%29=F

Second Investment
F%281%2B0.06%2F4%29%5E%285%2A4%29