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Posted on Oct 06, 2024

you are going to deposit 5 , 0 0 0 today. if you can earn an annual rate of 3 percent for 2 years and

you are going to deposit

5, 000

today. if you can earn an annual rate of

3

percent for

2

years and then earn an annual rrate of

4.5

percent for

5

years, how much will you have in your account in

7

years?

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