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You invested $6,000 in an account 15 years ago. This account paid 3% compounded semiannually for the first 6 years, and then the rate jumped

You invested $6,000 in an account 15 years ago. This account paid 3% compounded semiannually for the first 6 years, and then the rate jumped to 9% compounded monthly for the next 4 years, and finally, in the last 5 years, the rate was 12% quarterly. How much do you have today?

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Step 11 A 1 Effective interest rate for first 6 years ... blur-text-image

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