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Problem 2: Suppose you deposit $2000 in a savings account at the end of each of the next four years. The account earns 6% annually.
Problem 2: Suppose you deposit $2000 in a savings account at the end of each of the next four years. The account earns 6% annually. Draw the Cash Flow Diagram for your bank account transactions. How much will be in the account at the end of 7 years? What is Net Present Worth of all your payments
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