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You have $15,500 you want to invest for the next 36 years. You are offered an investment plan that will pay you 6 percent per

You have $15,500 you want to invest for the next 36 years. You are offered an investment plan that will pay you 6 percent per year for the next 18 years and 10 percent per year for the last 18 years.

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You have $15,500 you want to invest for the next 36 years. You are ofered an investment plan that will pay you 6 percent per year for the next 18 years and 10 percent per year for the last 18 years. Requirement 1: How much will you have at the end of the 36 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Amount Requirement 2: If the investment plan pays you 10 percent per year for the first 18 years and 6 percent per year for the next 18 years, how much will you have at the end of the 36 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Amount

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