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Suppose you've just deposited $3,747 in a bank account which earns an annual rate of return of 13%. How much will you have in the
Suppose you've just deposited $3,747 in a bank account which earns an annual rate of return of 13%. How much will you have in the bank account after 9 years? Suppose for your future graduation present, suppose your uncle has just deposited $603 in your bank account which gives 6% interest per year. How much will be in the account when you graduate in 9 years? (Work out the problem on a separate
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