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If you deposit $1,000 into a bank account for 4 years with interest at 6% p.a. compounding annually how much will you save up? $1,243

If you deposit $1,000 into a bank account for 4 years with interest at 6% p.a. compounding annually how much will you save up?

$1,243
$1,250
$1,263
$1,270
$1,283

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