Suppose you save $100 each year of the next 4 years. The interest rate is...
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Suppose you save $100 each year of the next 4 years. The interest rate is 8% per year. How much will you have accumulated at the end of the 4" year? Please write down the formula for the calculation.
Suppose you save $100 each year of the next 4 years. The interest rate is 8% per year.
How much will you have accumulated at the end of the 4" year? Please write down
the formula for the calculation.
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