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Suppose you currently have $4,800 in your savings account, and your bank pays interest at a rate of 0.55% per month. If you make
Suppose you currently have $4,800 in your savings account, and your bank pays interest at a rate of 0.55% per month. If you make no further deposits or withdrawals, how much will you have in the account in 4 years? In 4 years' time, you will have $in the account. (Round to the nearest cent)
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