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You are trying to save money and decide to stick $5 a day under your pillow. At the end of the year you deposit the lump sum.

You are trying to save money and decide to stick $5 a day under your pillow. At the end of the year you deposit the lump sum. How much interest will you have earned after 20 years if the assumed rate is 5%? 

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Interest refers to the amount a person receives... View the full answer

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