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1. You deposit $500 today at 5%. After one year (t=1), you withdraw $200, after two years (t=2), you deposit $400 more, and no deposit

1. You deposit $500 today at 5%. After one year (t=1), you withdraw $200, after two years (t=2), you deposit $400 more, and no deposit or withdrawal after that, then how much will you have in year 8 (t=8) ?

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