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3. If you make the following investments at the beginning of each year for the next five years, then how much money would you accumulate

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3. If you make the following investments at the beginning of each year for the next five years, then how much money would you accumulate at the end of five years if your deposits earn an annual return of 11%? Year Cash Flows 1 $4550 2 $8775 3 $9225 4. $3035 $5500 5 5

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