Twelve years ago, you deposited $3,400 into an account. Seven years ago, you added an additional $1,000

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Twelve years ago, you deposited $3,400 into an account. Seven years ago, you added an additional $1,000 to this account. You earned 8 percent, compounded annually, for the first 5 years and 5.5 percent, compounded annually, for the last 7 years. How much money do you have in your account today?
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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