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Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time.
Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time. $443 per month invested at 4%, compounded monthly, for 6 years; then $700 per month invested at 7%, compounded monthly, for 6 years. . What is the amount in the account after 12 years? (Round to the nearest dollar as needed.) Help me solve this View an example Get more help Clear all Check
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