Richard doesnt always make the smartest decisions when it


Richard doesn't always make the smartest decisions when it comes to money. He has more taxes withheld from his paycheck so he will get a large check in April from the IRS. Well, this check came in the mail yesterday. $1200.00 and he deposited it into a savings account paying 3% interest. Assuming he leaves it there for four years, how much money will he eventually have?

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Financial Management: Richard doesnt always make the smartest decisions when it
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