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6. If you deposit $5,000 today, and five hundred dollars at the end of each year for the next 20 years into an account that
6.
If you deposit $5,000 today, and five hundred dollars at the end of each year for the next 20 years into an account that earns 4.25% per year, how much will you have accumulated 20 years from today?
Select one:
a. $20,281.25
b. $22,615.53
c. $24,571.44
d. $26,775.78
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