find the balance at the end of 6 years of 5000, Accounting Basics

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find the balance at the end of 6 years of 5000

Find the balance at the end of 6 years of $5000 investment in an account with a nominal annual rate of interest of 2.5% compounded quarterly over the first two years and then grows according to nominal annual rate of discount of 6% convertible monthly over the remaining 4 years.

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Accounting Basics: find the balance at the end of 6 years of 5000

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