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How much will have at the end of three years

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Question 1: You have decided to invest in a saving plan. You will deposit $2,000 per year in an account for 3 years (you will make 3 deposits). Assume that the first deposit is made in the beginning of the first year. How much will you have at the end of 3 years if the bank is paying 6% annually (there is no compounding)?

Reference no: EM132503423

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