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How much money would you have at the end of 15 years if you initially invested $7,500 at a nominal interest rate of 9%

 

How much money would you have at the end of 15 years if you initially invested $7,500 at a nominal interest rate of 9% compounded quarterly for the first 10 years, and 5% compounded quarterly for the last 5 years? Hint: Make sure to use the rounded values that you answered in the previous two questions in your calculations of this answer.

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