Calculate return if bank compounds anually
Suppose you deposit $ 2,000 for 5 years at a rate of 8%. Calculate the return (A) if the bank compounds anually (n=1) Round your answer to the nearest cent.
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The Cotton Company is a retail store dealing in expensive linens and clothing and has a staff of about 20 sales clerks. The sales are done in cash or credit, using the store's own billing rather than credit cards. Most of the larger sales are on c
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