Find the final amount in the following retirement account


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. $296 per month invested at 4%, compounded monthly, for 5 years; then $725 per month invested at 7%, compounded monthly, for 5 years.

What is the amount in the account after 10 years.

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Financial Management: Find the final amount in the following retirement account
Reference No:- TGS02722453

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