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You saved 1000 in a bank account that pays 8 percent

Question - You saved $1,000 in a bank account that pays 8 percent premium, intensified quarterly, wanting to utilize it to complete your last year in school. After eighteen months, you choose to go to the Rocky Mountains to wind up a ski educator as opposed to proceed in school, so you finish off your record. What amount of cash will you get?

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Accounting Basics: You saved 1000 in a bank account that pays 8 percent

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