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You have invested $10,000 in an account that promises you 12% per year for the first 5 years and 4% per year for the next

You have invested $10,000 in an account that promises you 12% per year for the first 5 years and 4% per year for the next 10 years. The interest is compounded annually. What is the value of the investment at the end of the 15 years?

a) $36,372

b) $32,425

c) $31,721

d) $26,086

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