To do this, we can use the formula for compound interest:
$A = P(1 + r)^t$
Where $A$ is the final amount, $P$ is the principal (initial amount), $r$ is the interest rate, and $t$ is the time in years.
For Mark:
$A_M = 37000(1 + 0.024)^1$
Now, we need to find
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