How much will be in the account in twenty years from now
Problem
You deposited $25,000 four years ago into a bank account. Two years ago, you deposited an additional $20,473.39. Assume an annual interest rate of 6% and annual compounding. How much will be in the account in twenty years from now?
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You deposited $25,000 four years ago into a bank account. How much will be in the account in twenty years from now?
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