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1) Grutz wants to know how much money will he have to save for a trip to Nepal in five years if he deposits $5000
1) Grutz wants to know how much money will he have to save for a trip to Nepal in five years if he deposits $5000 today at an annual interest rate of 5%?
2) How much will Yuckle have in 48 months is he invests $100 a month at 5% annual intrest?
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