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You deposit $997 into an account today that pays 4% per year for the first 2 years. However, the interest rate increases to 6% thereafter.

You deposit $997 into an account today that pays 4% per year for the first 2 years. However, the interest rate increases to 6% thereafter. What is the value of your investment 7 from today. Assume annual compounding. Enter your answer as a number with no commas, no currency sign, and two decimal places of precision.
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You deposit $997 into an account today that pays 4% per year for the first 2 years. However, the interest rate increases to 6% thereafler. What is the value of your investment 7 from today. Assume annual compounding Enter your answer as a number with no commas, no curtency sign, and two decimal places of procision

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