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You make a $8,000 deposit to an investment account today. The investment earns 5% p.a compounding monthly for the first 12 months, then it earns
You make a $8,000 deposit to an investment account today. The investment earns 5% p.a compounding monthly for the first 12 months, then it earns 11%p.a compounding monthly for the next 2 years. At the end of the 3 years the balance in the account is (to the nearest whole dollar; don't use $ sign or commas)
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