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You open a savings account with a deposit of $1,963. The account as an annual interest rate of 12.7%. How much money will the account have in 2060? $= 1963 · 1.127'; $184,513.91 B) $ = 1963 · 0.873'; $11.
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You open a savings account with a deposit of $1,963. The account as an annual interest rate of

12.7%. How much money will the account have in 2060?
$= 1963 · 1.127'; $184,513.91
B) $ = 1963 · 0.873'; $11.26

User Rick Bross
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5.6k points

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4 votes
Answer: $184,514.91

Time would be 38 years.
User Alex Shubin
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