At T-0, you deposit $8,900 into an account, earning an effective annual rate of 8...
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At T-0, you deposit $8,900 into an account, earning an effective annual rate of 8 percent. You plan on depositing an additional $8,900 each year, at T-1, T-2, etc. Doing this, your account will a balance of $100,000 at T-X t is X? 726 O 7.33 7.45 7.56 7.71
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