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2) Assume, today is January 1, 2023 and you have 180000 KZT on hand now. You can deposit your money to bank that pays interest
2) Assume, today is January 1, 2023 and you have 180000 KZT on hand now. You can deposit your money to bank that pays interest at an annual rate of 12%. How much money will you have as of January 1, 2024? (Hint: Draw the cash flow time line properly and solve by means of as many ways as you can)
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