How much money would be accumulated in 5 years with an initial deposit of ($ 10,000) if

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How much money would be accumulated in 5 years with an initial deposit of $\$ 10,000$ if the account earned interest at 12 percent per year for the first 3 years and at 15 percent per year for the last 2 years?

a. $\$ 17,623$

b. $\$ 18,580$

c. $\$ 18,836$

d. $\$ 19,078$

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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Question Posted: Mar 28, 2024 03:00 AM

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How much money would be accumulated in 5 years with an initial deposit of ($ 10,000) if

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Principles Of Engineering Economic Analysis

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