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A. It is January 1. You have just deposited $1,000 in a savings account that pays 8% per year, compounded annually. Show computations How much

A. It is January 1. You have just deposited $1,000 in a savings account that pays 8% per year, compounded annually. Show computations

How much will your account be worth in a year? ___________
In three years? ______________
In ten years? _______________

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