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16 August, 12:10

Future values. your wealthy uncle established a $1,000 bank account for you when you were born. for the first 8 years of your life, the interest rate earned on the account was 6%. since then, rates have been only 4%. now you are 21 years old and ready to cash in. how much is in your account? (lo5-1)

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  1. 16 August, 16:10
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    Is it skmething around 1540?
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