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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
- 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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