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You invested $17,000 today in an account for 5 years. The investment earns 6.0% per annum compounding monthly for the first years and 8.1% per
You invested $17,000 today in an account for 5 years. The investment earns 6.0% per annum compounding monthly for the first years and 8.1% per annum compounding quarterly thereafter. If there have been no withdrawals, the balance of the account in E years is (answer to two decimal places; no comma separators)
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The Handbook Of Financing Growth
Authors: Kenneth H. Marks, Larry E. Robbins, Gonzalo Fernandez, John P. Funkhouser, D. L. Williams
2nd Edition
