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SAT, 22.12.2021 07:10 animexcartoons209

A retirement account is opened with an initial deposit of $8,500 and earns 8. 12% interest compounded monthly. What will the account be worth in 20 years? what if the deposit was calculated using simple interest? could you see the situation in a graph? from what point one is better than the other?.

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A retirement account is opened with an initial deposit of $8,500 and earns 8. 12% interest compounde...
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