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Mathematics, 05.12.2020 01:00 borgeschristoper694

$1200 is placed in an account at 4% compounded annually for 2 years. It is then withdrawn at the end of the two years and placed in another
bank at the rate of 5% compounded annually for 4 years. What is the
balance in the second account after the 4 years.

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Answers: 3

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