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Business, 18.07.2020 05:01 carswellml

An account credits interest at an effective rate of 4% for years 1-3, 5% for years 4-6, and 6% for years 7-9. Deposits of $1,000 are made into the account at the end of each year for 9 years. Calculate the accumulated value of the deposits at the end of 9 years.

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An account credits interest at an effective rate of 4% for years 1-3, 5% for years 4-6, and 6% for y...
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