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a. If you deposit $90,000 in a bank account that pays 8% Interest annually, how much will be in your account after 7 years? Show

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a. If you deposit $90,000 in a bank account that pays 8% Interest annually, how much will be in your account after 7 years? Show your calculations. Round to two decimal places. b. What is the present value of a security that will pay $50,000 in 20 years if securities of equal risk pay 9% annually Show your calculations. Round to two decimal places

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