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2. If you put $1,500 in a savings account at the end of each year for 10 years and then allow the account to compound

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2. If you put $1,500 in a savings account at the end of each year for 10 years and then allow the account to compound for an additional 15 years, how much will be in the account at the end of the 25 th year? Assume that the account earns 12% per annum and round to the nearest $100. a. $212,500 b. $81,800 c. $144,100 d. $25,500

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