$205 is invested at 4% per year simple interest for 6 years. After this time the principal plus interest is reinvested at 8% per year simple interest for 4 more years. What is the value of the investment

Lycana asked Apr 7, 2022

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Lycana asked Apr 7, 2022

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12 votes

The value is 49.2 if I’m not wrong

John Riehl answered Apr 13, 2022

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