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Akshu invests $10,000 in a fund that will earn a nominal rate of interest of 8% compounded quarterly during the first 2 years, a nominal
Akshu invests $10,000 in a fund that will earn a nominal rate of interest of 8% compounded quarterly during the first 2 years, a nominal rate of discount of 6% compounded monthly during years 3 and 4, and a constant force of interest of 7% during years 5 and 6. What is the value of Akshu's investment at the end of 6 years?
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