Business, 15.07.2020 01:01 yayaeli

You deposit $225 into an account which pays 6.5% per year for the first two years. However, the rate of interest drops to 3.5% thereafter. What is the value of your investment five years from today (assume annual compounding)?

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You deposit $225 into an account which pays 6.5% per year for the first two years. However, the rate...

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