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You are twenty years old and you deposit $1,500 into a savings account that will pay 8% per year for 50 years. When you cash
You are twenty years old and you deposit $1,500 into a savings account that will pay 8% per year for 50 years. When you cash it out at age 70, how much more will you have in the account if your deposit was compounded continuously instead of annually? show work with out using excel please.
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