What would your account be worth

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Reference no: EM132020231

1. a) to what amount will ?$5,000 invested for 10 years at 9 percent compounded annually accumulate? (Round to the nearest cent)

b) (Future value) If you deposit $3,700 today into an account earning an annual rate of return of 11 percent, what would your account be worth in 20 years? (assuming no further deposits) In 25 years. (Round to the nearest cent.)

Reference no: EM132020231

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