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