Mybankaccount pays 4% interest at the end of each year. Suppose that I have $x in my bank account at the start of this year, and that I never add money to the account or take money out of the account. (a) Howmuchwill be in the account at the end this year (after the interest is paid)? (b) Howmuchwill be in the account at the end of next year (again, after the interest)? (c) Find an expression for the amount in the account after N years.

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