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Suppose that $ 9 0 0 0 is placed in an account that pays 1 3 % interest compounded each year. Assume that no withdrawals
Suppose that $ is placed in an account that pays interest compounded each year. Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.
a Find the amount in the account at the end of year.
b Find the amount in the account at the end of years.
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