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Question: in europe people are experiencing negative interest rates this means...

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In Europe people are experiencing negative interest rates. This means banks charge their customers for protecting the patrons money. If 10,000 euros (European Union currency is deposited in a savings account that is subject to a negative interest rate of 1% per year, how much money will the customer have in 5 years? The customer will have euros in 5 years. (Round to the nearest euro)

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