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Every year you deposit $2,400 into an account that earns 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 earns 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 i= 0.75% per year.

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