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If you deposit $6,000 today into your bank account, what would the account balance be in 20 years if the account carries an interest

  

If you deposit $6,000 today into your bank account, what would the account balance be in 20 years if the account carries an interest rate of 4%? If interest is compounded monthly, how much will you have in a bank account if you deposit today $15,000 at the end of 7 months? The bank pays annual rate of 6%.

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