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Posted on Oct 06, 2024

You deposit $ 8 , 0 0 0 today in an account that pays 4 . 5 % interest per year with annual compounding. How

You deposit $

8, 000

today in an account that pays

4.5 %

interest per year with annual compounding. How much will you have in the account

17

years from today? Round your answer to the nearest penny.

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