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10. You expect to deposit the following cash flows at the end of years 1 through 5, $17 000, $14 000, $19 000, $25 000
10. You expect to deposit the following cash flows at the end of years 1 through 5, $17 000, $14 000, $19 000, $25 000 and $20 000 respectively in your local savings account.
How much would you accumulate at the end of year 7 if you can earn 8% compounded annually?
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