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3. Suppose you deposit $2000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn

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3. Suppose you deposit $2000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn from theaccount, answer the following questions. Show your work.a. How much money will be in the account after 3 years?b. How many years will it take for the account to contain $3000?

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