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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.
$682 per month invested at 4%, compounded monthly, for 5 years; then $791 per month invested at 6%, compounded monthly, for 5 years.
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