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You deposit $1000 in an account that pays 7% interest compounded semiannually. After 2 years, the interest rate is increased to 7.52% compounded quarterly. What
You deposit $1000 in an account that pays 7% interest compounded semiannually. After 2 years, the interest rate is increased to 7.52% compounded quarterly. What will be the value of the account after a total of 4 years? The value of the account will be $ (Round to the nearest dollar as needed.)
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