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Suppose today, you deposit 11,500 in a saving account, followed by 12,900 in two years from now. If you can earn 8% from this account,

Suppose today, you deposit 11,500 in a saving account, followed by 12,900 in two years from now. If you can earn 8% from this account, how much money will be in your account after four years? Kindly note that you must show a detailed calculation process. Without a detailed calculation process, marks will be deducted. Excel calculation will be ignored.

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