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Business, 03.05.2021 22:50 kaiyerecampbell95

Determine the amount of money in a savings account at the end of 4 years, given an initial deposit of $7,000 and a 4 percent annual interest rate when interest is compounded: Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

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