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In a series of 72 monthly payments, the first 48 payments are $100 and the final 24 payments are $200. The per annum interest rate
In a series of 72 monthly payments, the first 48 payments are $100 and the final 24 payments are $200. The per annum interest rate with monthly compounding is 5.5% for the first 24 months and 3.5% for the final 48 months. What is the future value of this series of payments?
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