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You deposit $1,200 at the end of each year into an account paying 8.1 percent interest. a. How much money will you have in
You deposit $1,200 at the end of each year into an account paying 8.1 percent interest. a. How much money will you have in the account in 16 years? Future value of 16 deposits $36,697.06 $19,200.00 $17,455.77 $39,942.70 b. How much will you have if you make deposits for 32 years? Future value of 32 deposits $164,294.61 $ 38,400.00 $ 31,786.95 $200,871.39
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