SOLUTION: When I was considering what to do with the $10,000 proceeds from my sale of technology stock, my broker suggested I invest half of it in municipal bonds, whose value was growing by
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Question 1160477: When I was considering what to do with the $10,000 proceeds from my sale of technology stock, my broker suggested I invest half of it in municipal bonds, whose value was growing by 6% per year, and the other half in CDs, which were yielding 3% per year, compounded every 2 months. Assuming that these interest rates are sustained, how much will my investment be worth in 10 years? Answer by solver91311(24713) (Show Source):
