Assume that you deposit $5,000 per year in a savings account that pays 4.5% interest. Assume also that the predicted average inflation rate is 5% per year for the next 5 years! Approximately, how much will be in your account at the end of 5 years, when you make the 5th deposit
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Assume that you deposit $5,000 per year in a savings account that pays 4.5% interest. Assume also th...
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