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PLEASE SHOW WORK AND FORMULAS USED TO CALCULATE TOTALS FOR THUMBS UP You place $5,000 in a savings account paying an annual compound interest of

PLEASE SHOW WORK AND FORMULAS USED TO CALCULATE TOTALS FOR THUMBS UP

You place $5,000 in a savings account paying an annual compound interest of 3 percent for 10 years and then move it into a savings account that pays 5 percent interest compounded annually. What is the final balance in your account at the end of 18 years?

NOTE: FORMAT IS $X,XXX.XX

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