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Suppose that $3500 is placed in an account that pays 8% interest compounded each year. Assume that no withdrawals are made from the account.
Suppose that $3500 is placed in an account that pays 8% interest compounded each year. Assume that no withdrawals are made from the account. Follow the instructions below. Do not do any rounding, Find the amount in the account at the end of 1 year ____? Find the amount in the account at the end of 2 years ?
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At the end of 1 year the amount in the account is 3780 At the end ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
