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Please use both formulas on paper and show in Excel too. thank you Your beginning salary is $70,000. You deposit 12% at the end of

Please use both formulas on paper and show in Excel too. thank you

Your beginning salary is $70,000. You deposit 12% at the end of each year in a savings account that earns 3% interest. Your salary increases by 2% per year. What value does your savings book show after 40 years

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