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Suppose a deposit is made for $1,000 into a savings account that pays 8%. e. a. If the bank offers compound annual interest, how much

Suppose a deposit is made for $1,000 into a savings account that pays 8%. e. a. If the bank offers compound annual interest, how much will be in your account after 4 years?

State, explain and present how to calculate at least six reasons or financial indicators. Give a numerical example in each case.

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