Every year you deposit $2,000 into an account that earns 2% interest per year. What will be
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Every year you deposit $2,000 into an account that earns 2% interest per year. What will be the balance of your account immediately after the 30th deposit?
(a) $44,793
(b) $60,000
(c) $77,385
(d) $81,136
(e) $82,759
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Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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