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2 0 . If you were to open a savings account that earns 3 % interest and compounded quarterly, what would be the total amount

20. If you were to open a savings account that earns 3% interest and compounded quarterly, what would be the total amount in your account after 10 years if you made an opening deposit of $8710.Assume PV to be negative to make FV positive. Excel formula function.
17. What is the amount of total interesf dollars earned on a $5000 deposit earning 6% for 20 years. Excel function.

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