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If $12,000 is deposited annually starting on January 1,2020 and it earns 8%, what will...

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Accounting

If $12,000 is deposited annually starting on January 1,2020 and it earns 8%, what will the balance be on December 31,2027?
Example of Answer: 4000(No comma, space, decimal point, or $ sign) Round: 2.31=2;2.65=3
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