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?. P110041] is placed in an account at 16% compounded annually for 2 years. It is then withdrawn at the end of the two years

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?. P110041] is placed in an account at 16% compounded annually for 2 years. It is then withdrawn at the end of the two years and placed in another bank at the rate of 1M compounded annually for 4 years. What is the balance in the second acoount after the 4 years

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