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If you opened an account on Year 0 with the amount shown and you deposit and withdraw the following amounts at the end of each
If you opened an account on Year 0 with the amount shown and you deposit and withdraw the following amounts at the end of each year, how much money will be there at the end of 3 years in the account. The bank pays interest as shown. Rate Year Deposits Withdrawals 5% 0 $27,000 1 $6,000 $4,000 2 $4,500 $13,500 3 $7,000 $5,000
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