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You invest $1000 today. If that money grows at an annualized rate of 2% for the next 7 months and then at an annualized rate

You invest $1000 today. If that money grows at an annualized rate of 2% for the next 7 months and then at an annualized rate of 16% for the next 3 months after that, how much will your investment grown to by the end of the 2nd period. Assume you made no withdrawals or additional investments.

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