Question: ust for fun, lets say that your money actually could grow as fast as the rabbit population in Australia grew, which is approximately equal to
ust for fun, lets say that your money actually could grow as fast as the rabbit population in Australia grew, which is approximately equal to an APY of 29%. Assuming that you found a bank that would pay 29% APY and you deposited $250 into your account,
how much money would you have in your account after 1 year? After 2 years? After 5, 7, and 10 years? (Round answers to 2 decimal places, e.g. 52.75.)
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