Manuel deposits $10,000 for 12 yr in an account paying 3% interest compounded annually. He then puts

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Manuel deposits $10,000 for 12 yr in an account paying 3% interest compounded annually. He then puts this total amount on deposit in another account paying 4% interest compounded semiannually for another 9 yr. Find the total amount on deposit after the entire 21-yr period.

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Related Book For  answer-question

College Algebra

ISBN: 978-0134697024

12th edition

Authors: Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels

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