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8. Juan wants to open an account into which he hopes to deposit the following at the beginning of each year: 1: $ 15,200; 2:

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8. Juan wants to open an account into which he hopes to deposit the following at the beginning of each year: 1: $ 15,200; 2: $ 11,300; 4: $ 10,000. If the rate of return you get in a bank is 7%, computed annually, how much will you have at the end of year 5 in your investment? (Hint: draw the timeline so as not to fail this problem)

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