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7 years ago Alfa-Bank invested $1,000,000 at a 5 percent annual interest rate. If the bank invests an additional $20,000 a year for 15 years,

7 years ago Alfa-Bank invested $1,000,000 at a 5 percent annual interest rate. If the bank invests an additional $20,000 a year for 15 years, at the beginning of each year, at a 5 percent annual rate, how much money will it have 15 years from now?

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