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2. Rochelle makes 6 annual deposits of S4000 into an account starting at EOY1. The interest from now through EOY 8 pays 4% per year.

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2. Rochelle makes 6 annual deposits of S4000 into an account starting at EOY1. The interest from now through EOY 8 pays 4% per year. The interest rate changes to 7% from EOY 8 through EOY 20. At EOY 20, the accumulated money will be withdrawn from the account. (a) Draw the correct CFD to represent this scenario. Be sure that all interest rates and cash values are labeled on the CFD. (b) How much is withdrawn at EOY 20 (F20)

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