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.)
Answers: 3
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