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You deposit $1,106 in an interest-bearing bank deposit today. The interest rate is 7% per year. Interest is accrued yearly. How much money will you
You deposit $1,106 in an interest-bearing bank deposit today. The interest rate is 7% per year. Interest is accrued yearly. How much money will you have after 18 years? Enter your answer in terms of dollars, without the dollar sign or commas, and rounded to the nearest cent. That is, for example, if your answer is $1,628.8934, then enter 1628.89
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