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You deposit $2000 in an account earning 3% interest compounded monthly How much will you have...

  1. You deposit $2000 in an account earning 3% interest compounded monthly

    1. How much will you have in the account in 20 years?

    2. How much interest will you earn?

  2. You deposit $10,000 in an account earning 4% interest compounded monthly.

    1. How much will you have in the account in 25 years?

    2. How much interest will you earn?

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