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his set of problems is designed to be calculated using the Excel or financial calculator

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his set of problems is designed to be calculated using the Excel or financial calculator.
You can also use algebraic formulas. Do not use financial tables to calculate these problems.

If you invest $29,061 today at an interest rate of 8.95 percent, compounded daily, how much money will you have in your savings account in 10 years?

Round the answer to two decimal places.

Your Answer:

 
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