Find the final amount in the following retirement account, in which the rate of return on the
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Question:
Find the final amount in the following retirement account, in which the rate of return on the account and the regular contribution change over time. $669 per month invested at 4%, compounded monthly, for 6 years; then $769 per month invested at 6%, compounded monthly, for 6 years. What is the amount in the account after 12 years?
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