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It is now January 1, 2014 and you will need $1000 on January 1, 2018, in 4 years? Your bank compounds interest at an 8%
It is now January 1, 2014 and you will need $1000 on January 1, 2018, in 4 years? Your bank compounds interest at an 8% annual rate.
-Please help with e, f, and g.
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