Problem:
Suppose you deposit $5000 in the bank. How much can you raise after 10 years when discount rate is 5% for the first four years and then rises to 7% annually?
Summary of question:
This question is basically belongs to Finance as well as it discusses about calculation of raising a $5000 deposit in 10 years with discount rate of 5% and 7$ annually. The calculations have been given in the solution.