SOLUTION: 1. You receive a tax refund and you invest the 1,000 dollars in a bank that pays 5% interest annually. What will you have in 3 years?

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Question 964611: 1. You receive a tax refund and you invest the 1,000 dollars in a bank that pays 5% interest annually. What will you have in 3 years?
Answer by Fombitz(32388) About Me  (Show Source):