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5 deposits of $ 6 0 0 each are made into an account at the end of years 9 , 1 0 , 1 1
deposits of $ each are made into an account at the end of years and what will be the balance in the account at the end of year if the account offers a stated annual rate of interest r percent compounded annually? Optional: Try using each of the four annuity formulas to solve this problem and then verify the result using repeated lump sum calculations.
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