When you were born, your father deposited $ 1 0 0 0 0 in a saving account

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Question:

When you were born, your father deposited $

10000

in a saving account for you every year. The saving account provides

8 %

compound interest annually. Now you are

20

years old and wants to withdraw your money. How much is in your account now.

Posted Date: May 13, 2024 12:35 AM

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