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28 Sep 2019
You have made deposits of $1,000 per year in an investment account at the end of each year (beginning at the end of the first year) for ten years. The account earned 6% compounded annually for the first 5 years and 9% compounded annually for the second five years. How much money is in the account at the end of the tenth year?
You have made deposits of $1,000 per year in an investment account at the end of each year (beginning at the end of the first year) for ten years. The account earned 6% compounded annually for the first 5 years and 9% compounded annually for the second five years. How much money is in the account at the end of the tenth year?
Romarie Khazandra MarijuanLv10
28 Sep 2019