You deposit $ 8 , 0 0 0 into an investment account today, and leave it in

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Question:

You deposit $

8, 000

into an investment account today, and leave it in the account for

6

years. No other money is added to the account in the future. Assuming annual rate of return of

7 %,

what will be the balance in your account at the end of year

6 ?

Posted Date: May 18, 2024 10:09 PM

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