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Suppose you deposit $12,000 into a savings account at the end of the year each year for 30 years. You earn 4.55% per year interest.
- Suppose you deposit $12,000 into a savings account at the end of the year each year for 30 years. You earn 4.55% per year interest. How much money will you have in this account in 30 years?
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| A. | $232,955.39 |
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| B. | $535,677.88 |
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| C. | $642,056.94 |
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| D. | $738,317.36 |
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Public Finance
Authors: Harvey Rosen, Ted Gayer
8th Edition
0073511285, 9780073511283
