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Ishvar Patel is going to make 5 annual deposits of $4,500 each into a savings account beginning on July 1, 2010. Assuming an interest rate
Ishvar Patel is going to make 5 annual deposits of $4,500 each into a savings account beginning on July 1, 2010. Assuming an interest rate of 6%, on July 1, 2014, Ishvar's bank account will have a balance of:
$25,366.92 |
$18,955.80 |
$28,521.90 |
$30,608.55 |
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