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You think you will be able to deposit $1,000 at the end of each of the next three years in a bank account paying 8

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You think you will be able to deposit $1,000 at the end of each of the next three years in a bank account paying 8 percent interest. You currently have $7,000 in the account. How much will you have in three years? $21,803.58 $10,000.00 $16,484.80 $12,064.38

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