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Your cousin Larry placed $5,000 in a savings account in the Turkey Creek Bank 20 years ago. Youve learned the decidedly mixed news that your
Your cousin Larry placed $5,000 in a savings account in the Turkey Creek Bank 20 years ago. Youve learned the decidedly mixed news that your cousin Larry has left this mortal coil, but he has left you the amount in the savings account in his will. How much money have you inherited if you assume the annual interest rate on the account was 6%?
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