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Q2 - An investor deposits $1,000 every year on the same day in a savings account. The amount in the savings accounts ear

Posted: Wed Apr 06, 2022 9:09 am
by answerhappygod
Q2 - An investor deposits $1,000 every year on the same day in a
savings account. The amount in the savings accounts earns 5 percent
interest compounded annually,
a) What will the investor's account balance be after the third
deposits
b) What will the investor's account balance be after the tenth
deposits
please solve Q2