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Randy deposits $ 1 0 , 0 0 0 in a bank, which offers him an interest of 1 0 % compounded annually. He decides

Randy deposits $

10, 000

in a bank, which offers him an interest of

10 %

compounded annually. He decides to withdraw $

5, 000

after a year. What would be his account balance at the end of the second year?

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