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Every year you deposit $2,400 into an account that eams 0.75% interest per year. What will be the balance of your account immediately after the
Every year you deposit $2,400 into an account that eams 0.75% interest per year. What will be the balance of your account immediately after the 40th deposit? Click the icon to view the interest and annuity table for discrete compounding when / 0.75% per year. Choose the correct answer below. OA. $112,308 B. $107,927 OC. $96,000 OD. $111,472 OE. $83,820
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