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Youearned 6 percent compounded annually for the first 5

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Twenty years ago, you deposited $1,000 into an account. Fifteen years ago, you added an additional $3,000 to your account. Youearned 6 percent, compounded annually, for the first 5 years and 10 percent, compounded annually, for the last 15 years. How much money do you have in your account today?

Reference no: EM13485709

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