Question: 3. (3 Marks) How much will $2000 accumulate to in 10 years if the interest rate is 4% compounded semi- annually for the first four

3. (3 Marks) How much will $2000 accumulate to in 10

3. (3 Marks) How much will $2000 accumulate to in 10 years if the interest rate is 4% compounded semi- annually for the first four years and 6% compounded monthly for the last six years

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