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Find how much you will have in the account at the end

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Question 1: You placed $3,240 in a savings account today that earns an annual interest rate of 15 percent compounded annually. How much you will have in this account at the end of 23 years? Assume that all interest received at the end of the year is reinvested the next year. Round the answer to two decimal places.

Reference no: EM132532553

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