Suppose you deposit $14,000 into a bank account at the end of year 14. Interest is earned
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Suppose you deposit $14,000 into a bank account at the end of year 14. Interest is earned at the rate of 9% compounded yearly. What is the balance of the account immediately after interest is added at the end of year 25? Round your answer to the nearest dollar.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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