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You deposit $4000 in an account that pays 8% interest compounded semiannually. After 5 years, the interest rate is increased to 8.08% compounded quarterly. What
You deposit $4000 in an account that pays 8% interest compounded semiannually. After 5 years, the interest rate is increased to 8.08% compounded quarterly. What will be the value of the account after a total of years?
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