Assume a firm makes a 2500 deposit into its money market, Finance Basics

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Assume a firm makes a 2500 deposit into its money market

Question: Assume a firm makes a $2,500 deposit into its money market account. If this account is currently paying 0.7%, (yes, that's right, less than 1%!), what will the account balance be after 1 year? The account balance after 1 year is $ (Round to the nearest cent.)

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Finance Basics: Assume a firm makes a 2500 deposit into its money market

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