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You deposit $300 in an account earning 2% interest compounded annually. How much will you have in the account in 20 years? You deposit $2000
You deposit $300 in an account earning 2% interest compounded annually. How much will you have in the account in 20 years?
You deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in the account in 5 years?
How much would you need to deposit in an account now in order to have $3000 in the account in 15 years? Assume the account earns 8% interest compounded monthly.
You deposit $3000 each year into an account earning 8% interest compounded annually. How much will you have in the account in 15 years?
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