If you deposit 3,600 today into an account earning an annual rate of return of 11 percent,
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Question:
If you deposit 3,600 today into an account earning an annual rate of return of 11 percent, what would your account be worth in 40 years(assuming no furtherdeposits)? In 45 years?
a.If you deposit $3,600 today into an account earning an annual rate of return of 11 percent, what would your account be worth in 40 years?
$__ (Round to the nearestcent.)
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