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9. Suppose one plans to invest $750 a month this year, $800 a month next year, $850 a month the year after and so forth
9. Suppose one plans to invest $750 a month this year, $800 a month next year, $850 a month the year after and so forth (increasing by $50 a month each year). How much would one have in the account after 16 years if the account pays 7.2% per year effective
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