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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?
$32,425.86 $36,372.55 $31,721.69 $26,086.96
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