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April 17, 2014

Homework Help: maths

Posted by colin on Wednesday, July 18, 2012 at 1:25am.

You deposit $1000 each year into an account earning 8% compounded annually.
a. How much will you have in the account in 10 years?
b. How much total money will you put into the account?
c. How much total interest will you earn?

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