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Zac makes yearly deposits of $1000 into a bank account that pays 4% effective annual interest, with his first deposit made today. How much will

Zac makes yearly deposits of $1000 into a bank account that pays 4% effective annual interest, with his first deposit made today. How much will he have in his account five years from today, directly after making his annual deposit? a.$7,011 b.$6,551 c.$6,633 d.$6,829 e.$6,840

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