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Business, 13.07.2021 18:40 JamesLachoneus

Your account pays interest at 10 percent p. a.. You deposit $ 27,390 in it today. You must have exactly $ 52,288 in the account at the end of two years. What should you do at the end of the first year (that is, what dollar amount must you deposit) to ensure this?

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Your account pays interest at 10 percent p. a.. You deposit $ 27,390 in it today. You must have exac...
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