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A deposit of $425.00 is made in an account which earns 7.25% compounded monthly for 2...

A deposit of $425.00 is made in an account which earns 7.25% compounded monthly for 2 year(s) and 6.5% compounded annually for the next 4 years. State the value of the account at the end of 6 years.

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Answer #1

Answer: $631.79

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