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Assume a firm makes a $1,700 deposit into a short-term investment account. If this account is currently paying 0.5%, (yes, that's right, less than 1%

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Assume a firm makes a $1,700 deposit into a short-term investment account. If this account is currently paying 0.5%, (yes, that's right, less than 1% !), what will the account balance be after 1 year? The account balance after 1 year is $ (Round to the nearest cent.)

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