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Posted on Sep 16, 2024

you deposit $ 4 0 0 0 in an account that pays 8 % interest compounded semiannually. After 2 years, the interest rate is increased

you deposit $

4000

in an account that pays

8 %

interest compounded semiannually. After

2

years, the interest rate is increased to

8.08 %

compounded quarterly. what will be the value of the account after a total of

4

years

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