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The plan was to leave $5,100 on deposit in a savings account for 14 years at 5.5% interest compounded annually. It became necessary to withdraw
The plan was to leave $5,100 on deposit in a savings account for 14 years at 5.5% interest compounded annually. It became necessary to withdraw $2,200 at the end of the 4th year. How much will be on deposit at the end of the 14-year period? $6,350 $9,035 $8,350 $7,034
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