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An investment of $4,000 is made for 12 years. During the first 6 years the interest rate is 9% converted semiannually. Then the rate drops
An investment of $4,000 is made for 12 years. During the first 6 years the interest rate is 9% converted semiannually. Then the rate drops 8% converted semiannually for the remainder of the time. What is the final amount? O $11,860.64 O $10,960.64 O $10,260.64 $10,860.64
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