Find how much do accumulate

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Problem 1: You deposit $9,000 for 2 years at 3% annual interest. In 2 years, you add $15,000 to your account, but the rate on your account changes to 5% annual interest (for existing balance and new deposit). You leave the account untouched for an additional 20 years. How much do you accumulate?

Reference no: EM132754247

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