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1.If you deposited $250 in your savings account today, and the bank pays 4 percent interest per year, how much would you have in your

1.If you deposited $250 in your savings account today, and the bank pays 4 percent interest per year, how much would you have in your savings account after 9 years? Recalculate the account balance using a 6 percent interest rate and a 7 percent interest rate.

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