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Suppose that each year, you deposit $9997 dollars in a bank account whose annual rate is 1.3% with yearly compounding. How much will be in your bank

Suppose that each year, you deposit $9997 dollars in a bank account whose annual rate is 1.3% with yearly compounding. How much will be in your bank account after 6 years?

Round your answer to the nearest dollar. 

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There will be $10802.55 in... View the full answer

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