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Albert deposits $4,500 in a savings account paying 8% per annum interest. How much will he have if he leaves this money on deposit for

  1. Albert deposits $4,500 in a savings account paying 8% per annum interest. How much will he have if he leaves this money on deposit for 22 years? Assume annual compounding.

The correct answer is below, I just need to see the work

1. FV=24,464.43

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