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You put $ 1 0 0 0 into a bank account today. The bank will pay you 5 % interest annually. After six years, what

You put $

1000

into a bank account today. The bank will pay you

5 %

interest annually. After six years, what is the balance in the bank account? That is

,

what is the future value of your $

1000 ?

Indicate the nearest dollar only as a numeric number

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