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You want to accumulate $500,000 in a savings account in20 years. If the bank pays 6% compounded annually, how much should you deposit in the

You want to accumulate $500,000 in a savings account in20 years. If the bank pays 6% compounded annually, how much should you deposit in the account? What is the futurevalue 8 years from, of $ 2,000 investedtoday at a periodic interest rate of 12% compounded annually and What would be the result of the previous problem, if simple interest were used

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