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Today Nick will deposit $230,000 into a CityBank account. How much would be in this account at the end of seven years if he plans

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Today Nick will deposit $230,000 into a CityBank account. How much would be in this account at the end of seven years if he plans to withdraw $115,000 in three years' time? CityBank is offering him a savings rate of 3.5% p.a. compounded quarterly. Your response must be entered as a numerical value with 2 decimal places and excluding the dollar sign (\$)

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