You are planning to deposit $10,000 today into a bank account.Five years from today you expect to withdraw $7,500.If the account pays 5% interest per year,how much will remain in the account eight years from today?

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The Answer of You are planning to deposit $10,000 today into a bank account.Five years from today you expect to withdraw $7,500.If the account pays 5% interest per year,how much will remain in the account eight years from today?

You Are Planning to Deposit $10,000 Today into a Bank