Problemyou placed 9084 in a savings account today that, Ask an Expert

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Problem:

You placed $9,084 in a savings account today that earns an annual interest rate of 3 percent compounded annually.

Question: How much you will have in this account at the end of 17 years? Assume that all interest received at the end of the year is reinvested the next year. Please provide all computation and formulas.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91145844

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