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Consider an account that pays 3.5% annually for the first 2 years, and then 1.5% quarterly after that. Assume you deposit $1,000 today and withdraw

Consider an account that pays 3.5% annually for the first 2 years, and then 1.5% quarterly after that. Assume you deposit $1,000 today and withdraw $250 in 3 years; find the balance in the account after four and half years

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