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Calculating deposit needed You put $8,000 in an account earning 7%. After 4 years, you make another deposit into the same account. Six years later
Calculating deposit needed You put $8,000 in an account earning 7%. After 4 years, you make another deposit into the same account. Six years later that is, 10 years after your original $8,000 deposit), the account balance is $25,000 What was the amount of the deposit at the end of year 47 The amount of the deposit at the end of year 4 is $(Round to the nearest cent.)
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