Question: Find the final amount (rounded to the nearest dollar) in this retirement account, in which the rate of return on the account and the regular
Find the final amount (rounded to the nearest dollar) in this retirement account, in which the rate of return on the account and the regular contribution change over time. $2000 per quarter invested at 4.6%, compounded quarterly, for 15 years; then $2500 per quarter invested at 7.5%, compounded quarterly, for 25 years. About $1,950,416 About $1,819,945 About $892,602 About $3,067,815
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