What will be the future value of johns bank account

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John has some extra cash today in the amount of $240 and places the money in the bank for 9 years. John expects to have extra cash one-year from today in the amount of $590, and will leave this second amount in the bank for 8 years. All savings earn the interest rate of 4.25%. What will be the future value of John's bank account in 9 years from today?

Reference no: EM13722929

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