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A savings account gives 3 . 7 % interest per year ( compounded on an annual basis ) . You save the following amounts: Each
A savings account gives interest per year compounded on an annual basis You save the following amounts:
Each deposit on your savings account takes place at the beginning of each year therefore means "now" There was
no nothing in the savings account prior to the deposits in the schedule above.
How much is in the savings account at the beginning of year
Round your final answer to cents; ignore the currency sign; use a decimal point no comma and do not indicate
thousands with a period or comma. For example: You calculated a final answer of and thus you enter:
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