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Question 5 Suppose the Random Bank is now offering 9 % interest on balances of less than $ 5 0 0 0 , 1 2

Question 5
Suppose the Random Bank is now offering 9% interest on balances of less than $5000,12%
for balances of $5000 or more but less than $10000 and 15% for balances of $10000 or more.
Calculate or evaluate a customer's new balance after one year given the initial balance as
$1500 multiplied by a random number.
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