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Question: Suppose that exist2,000 is placed in a bank account at the end of each year over the next 20 years. What is the accounts future worth at the end of 20 years when the interest rate 12% compounded:
(a) yearly
(b) quarterly?
The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
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Using the aggregate expenditures table below, answer the questions that follow.
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