Question 1067564
After 1st yr,
{{{ 2429 + .1*2429 }}}
{{{ 2429*( 1 + .1 ) }}}
{{{ 2429*1.1 }}}
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after 2nd yr,
{{{ 2429*1.1*( 1 + .05 ) }}}
{{{ 2429*1.1*1.05 }}}
You can find with calculator