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An individual deposits an annual bonus into a savings account that pays 0% interest compounded annually. The size of the bonus increases by $4,300 eac
An individual deposits an annual bonus into a savings account that pays 0% interest compounded annually. The size of the bonus increases by $4,300 eac year, and the initial bonus amount was $12,000Determine how much will be in the account immediately after the sixth deposit Click the icon to view the interest factors for discrete compounding when /=6% per year Immediately after the sixth deposit there will be $ thousand in the account (Round to the nearest whole number )
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