Tom wants to invest $50,000 in a fixed deposit account that pays 4% interest per annum. He

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Tom wants to invest $50,000 in a fixed deposit account that pays 4% interest per annum. He plans to keep the money in the account for 7 years. What will be the future value of his investment at the end of 7 years?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Feb 14, 2023 07:25 AM

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Tom wants to invest $50,000 in a fixed deposit account that pays 4% interest per annum. He

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