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Your parents gave you $2,300 for your 16th birthday. You want to deposit it in a CD account that is earning 2% annually. Calculate how
Your parents gave you $2,300 for your 16th birthday. You want to deposit it in a CD account that is earning 2% annually. Calculate how much your gift will be worth when you graduate from college exactly six years from now using the following methods: Long hand Formula, Table A1, Financial Calculator
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