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QUICKEST WAY TO SOLVE USING A FINANCIAL CALCULATOR: Your bank pays 5% interest per year. You put $2,000 in the bank today, $1,500 more in
QUICKEST WAY TO SOLVE USING A FINANCIAL CALCULATOR:
Your bank pays 5% interest per year. You put $2,000 in the bank today, $1,500 more in one year, and $2,000 more in two years. How much will you have in the bank in four years? (Dollar figures should be approximated to the nearest cent of a dollar, while rates should be expressed in percentage terms without using the "%" symbol and approximated to the nearest second decimal place.) (1 point)
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