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Future values. You deppoist $1,000 in your bank account. a. if the bank pays 4% simple interest, how much will you accumulate in your account

Future values. You deppoist $1,000 in your bank account.

a. if the bank pays 4% simple interest, how much will you accumulate in your account after 10 years?

b. How much will you accumulate if the bank pays compount interest?

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