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solve on excel Adam Smith is thinking about investing $65,500 into an account that guarantees 7.5% interest. Calculate the value of the account on year
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Adam Smith is thinking about investing $65,500 into an account that guarantees 7.5% interest. Calculate the value of the account on year from now. (Round to 2 decimals) QUESTION 2 Adam Smith wants to $112,000 next year. Assuming an interest rate of 8%, how much would he need to deposit today into the account. (Enter a positive value and round to 2 decimals) Step by Step Solution
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