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3. Starting at the end of this year, you plan to make annual deposits of $4,000 for the next 8 years followed by a final

3. Starting at the end of this year, you plan to make annual deposits of $4,000 for the next 8 years followed by a final deposit of $12,000 in year 9. The deposits earn interest of 3.0%. What will the account balance be by the end of 15 years? Round to the nearest cent.

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