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Chad makes monthly payment of $650 into an account earning interest at j12=10%. After 5 years the interest rate changes to j12=11%, and he decides

Chad makes monthly payment of $650 into an account earning interest at j12=10%. After 5 years the interest rate changes to j12=11%, and he decides to double the size of his payments. What is the balance in the account after 9 years.

Answer: 155940.614182

Can you please not do that in excel formula?

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