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What is the original balance worth at the end of six years

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You place $25,000 in a savings account paying an annual compound interest of 8 percent for 3 years and then move it into a savings account that pays 10 percent interest compounded annually. What is the original balance worth at the end of six years? Note: format is $xx,xxx.xx

PV -64,427 PV -108,882 $108,882

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Finance Basics: What is the original balance worth at the end of six years

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Finance Basics: What is the original balance worth at the end of six years

Reference No:- TGS02278571

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