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Mathematics, 25.02.2020 20:55 ebt2367

Liam invests £8000 in a savings account for 4 years. The savings account pays compound interest at a rate of: 4.5 % for the first year, 2.75 % for all subsequent years.

Work out the value of Liam’s investment at the end of 4 years.
Please help i don't understand

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