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Can you please solve the following question using Excel. Thank you! A local credit union is offering an interest rate of 4.8% a year if

image text in transcribedCan you please solve the following question using Excel. Thank you!

A local credit union is offering an interest rate of 4.8% a year if you keep your money in the account for seven years. If you put $550 in the account today, what will be the account's balance in seven years? The balance will be $ (Round to the nearest cent.)

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