Question: PLEASE SHOW WORK , will thumbs up, so please give detailed work. thank you. Find the final amount in the following retirement account, in which

PLEASE SHOW WORK, will thumbs up, so please give detailed work.

thank you. Find the final amount in the following retirement account, in

PLEASE SHOW WORK, will thumbs up, so please give detailed work. thank you.

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. $555 per month invested at 5%, compounded monthly, for 6 years, then $703 per month invested at 6%, compounded monthly, for 6 years. What is the amount in the account after 12 years? (Do not round until the final answer. Then round to the nearest dollar as needed.) In order to accumulate enough money for a down payment on a house, a couple deposits $478 per month into an account paying 6% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 5 years? Type the amount in the account: $ (Round to the nearest dollar.)

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