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1. An amount is deposited into an account where the annual interest rate changes annually. Let in represent the interest rate for the nth year

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1. An amount is deposited into an account where the annual interest rate changes annually. Let in represent the interest rate for the nth year and in is calculated by in=0.01n. If the accumulated value of the original deposit is 1000 at the end of four years, find the accumulated value at the end of seven years. (10 points)

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