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How much will your friend have in his account

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Reference no: EM131874049

Q1) You invest $4,890 at the beginning of every year and your friend invests $4,890 at the end of every year. If you both earn an annual rate of return of 03.00%.

a) How much will you have in your account after 37 years?

b) How much will your friend have in his account?

Reference no: EM131874049

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