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How much will there be in the account after four years

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Question - At the beginning of Gabe's freshman year, his favorite uncle deposit P10,000 into a four-year bank certificate of deposit (CD) that pays 5% annual interest. He will receive the money in the account (including the accumulated interest) if he graduate with honors in four years. How much will there be in the account after four years?

Reference no: EM133050035

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