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1.Derek will deposit $3,788.00 per year for 14.00 years into an account that earns 12.00%. Assuming the first deposit is made 6.00 years from today,
1.Derek will deposit $3,788.00 per year for 14.00 years into an account that earns 12.00%. Assuming the first deposit is made 6.00 years from today, how much will be in the account 33.00 years from today?
2.Derek will deposit $6,480.00 per year for 11.00 years into an account that earns 8.00%, The first deposit is made next year. He has $12,685.00 in his account today. How much will be in the account 43.00 years from today?
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