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Find What is the amount in the account after six years

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Question 1: Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time. $430 per month invested at 6%, compounded monthly, for 3 years; then $549 per month invested at 7%, compounded? monthly, for 3 years. What is the amount in the account after 6 years?

Reference no: EM132538876

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