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Mathematics, 30.05.2020 05:04 icameforhelp

David has a bank account which pays interest at the rate of 1.5% per year, compounded annually. Determine what amount David

must have in the bank, given that he would like to draw an annual salary of $32,635.15 from his account at the end of each year

for 30 years. Round to the nearest cent.

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Answers: 3

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