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At the beginning of your freshman year, your favorite aunt and uncle deposit $10,000 into a 4-year bank certificate of deposit (CD) that pays 5%
At the beginning of your freshman year, your favorite aunt and uncle deposit $10,000 into a 4-year bank certificate of deposit (CD) that pays 5% annual interest. You will receive the money in the account (including the accumulated interest) if you graduate with honors in 4 years. How much will there be in the account after 4 years?
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Principles Of Taxation For Business And Investment Planning 2019 Edition
Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan
22nd Edition
9781259917097, 1259917096, 978-1260161472
