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Suppose you currently have $4,700 in your savings account, and your bank pays interest at a rate of 0.48% per month. If you make no
Suppose you currently have $4,700 in your savings account, and your bank pays interest at a rate of 0.48% per month. If you make no further deposits or withdraws, how much will you have in the account in 4 years?
NOTE --- I'M LOOKING for an EQUATION or FORMULA to put in EXCEL (i've tried the following: =PMT =PV =FV)
thank you much
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