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You deposit $1,300 at the end of each year into an account paying 9.6 percent interest per year. Required: (a) How much money will you
You deposit $1,300 at the end of each year into an account paying 9.6 percent interest per year. |
Required: | |
(a) | How much money will you have in the account in 22 years? |
(Click to select) 33,954.37 77,716.44 28,600.00 100,261.18 88,201.28 |
(b) | How much will you have if you make deposits for 44 years? |
(Click to select) 750,886.18 1,020,171.69 554,991.82 94,942.73 57,200.00 |
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