Question:
Find the final amount in the following retirement account,
Last updated: 8/9/2022
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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. $1200 per quarter invested at 5.3%, compounded quarterly, for 13 years; then $1900 per quarter invested at 6.4%, compounded quarterly, for 16 years.