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Sue made a fixed deposit of $25,000. The bank credits her account with interest every month at an annualized rate of 8.40%. She will neither
Sue made a fixed deposit of $25,000. The bank credits her account with interest every month at an annualized rate of 8.40%. She will neither deposit nor withdraw any funds from this account for the next 5 years. What will be the value of her deposit at maturity?
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