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Question One 1 aToday you deposit $ 1 3 7 , 0 0 0 into a bank account that pays 1 . 2 5 %

Question One1aToday you deposit $137,000 into a bank account that pays 1.25% per month compounding interest. How much money will be in the bank account after 7.25 years?1bToday you deposit $119,000 into a bank account that pays 12.00% per year compounded annually. How much money will be in the bank account after 6 years?

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