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Suppose the Hempstead Savings Bank is offering 6% on all deposits and your initial deposit is $10,000: (i) What is the balance in your savings

Suppose the Hempstead Savings Bank is offering 6% on all deposits and your initial deposit is $10,000:


(i) What is the balance in your savings account after 1 year? 


(ii) What is the balance in your savings account after 5 years? 


(iii) How much interest has accumulated after 10 years? 


(iv) How much do you have in your savings account after 6 months?

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