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you are planning to deposit $8000 in a savings account. Currently the savings accounts offers 10% annual interest rate (compounding) rate. After 2 years, how

you are planning to deposit $8000 in a savings account. Currently the savings accounts offers 10% annual interest rate (compounding) rate. After 2 years, how much will be your deposit at the end of the 3rd year? Here we assume annual compounding

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