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How much will you have in five years

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Reference no: EM132855112

Question - You think you will be able to deposit $5,000 at the end of each of the next five years in a bank account paying 5% interest. You currently have $0 in the account.

Required -

1. How much will you have in 5 years?

2. ?How much in 10 years if you add nothing to the account after the fifth year?

Reference no: EM132855112

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