Mathematics
Mathematics, 18.03.2021 02:50, 200251

You deposit $2000 in an account that pays 6% interest compounded semiannually. After 4 years, the interest rate is increased to 6.20% compounded quarterly. What will be the value of the account after a total of 8 years?
The value of the account will be $
(Round to the nearest dollar as needed.)

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Answers: 3

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You deposit $2000 in an account that pays 6% interest compounded semiannually. After 4 years, the in...

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