Question: Future Values. You deposit $ 1 , 0 0 0 in your bank account. ( LO 5 - l ) a . If the bank

Future Values. You deposit $1,000 in your bank account. (LO5-l)
a. If the bank pays 4% simple interest, how much will you accumulate in your account after
10 years?
b. How much will you accumulate if the bank pays compound interest?
Future Values. You deposit $1,000 in your bank account. (LO5-l) a.

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