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18 July, 14:24

Rick is planning to invest the following amounts at 6 percent interest. how much money will he have saved at the end of the year 3?

end of year amount saved

1 $500

2 $800

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  1. 18 July, 14:30
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    Here is the answer. Given that in in year 1, Rick has acquired $500 and $800 in the second year, this would mean that he would have $1,100 in the third year. Hope this is the answer that you are looking for. Have a great day ahead!
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