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Suppose you currently have $5,000 in your savings account, and your bank pays interest at a rate of 0.5 %, per month. If you make

Suppose you currently have

$5,000

in your savings account, and your bank pays interest at a rate of

0.5 %,

per month. If you make no further deposits or withdrawals, how much will you have in the account in

5

years?

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