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You are going to deposit $17,500 today. You will earn an annual rate of 2.7 percent for 8 years,and then earn an annual rate of

You are going to deposit $17,500 today. You will earn an annual rate of 2.7 percent for 8 years,and then earn an annual rate of 2.1 percent for 11 years. How much will you have in your account in 19 years?

Multiple Choice

  • $27,219.79
  • $25,574.52
  • $21,657.16
  • $29,031.97
  • $25,973.30

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