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Dr. Steve just decided to save money each year for the next 4 years to help build a new office. It it earns 5.5 percent

Dr. Steve just decided to save money each year for the next 4 years to help build a new office. It it earns 5.5 percent on its saving, how much will the Doctor have saved at the end of 4 years? End of year one: Amount saved: 20,000., Year Two: $24,000, Year Three $28,000 , Year Four $32,000.

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