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You receive $6,968 today and in one year. If you invest this money in an account that pays 3.61% compounded annually, how much will you

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You receive $6,968 today and in one year. If you invest this money in an account that pays 3.61% compounded annually, how much will you have in the account in 12 years? (hint: future value, two times) Your bank account pays 3.74% compounded annually. How much would you have to deposit today in order to have $31,107 in 12 years

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