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A bank offers you 1 % for 7 years. The first 4 years you deposit $ 3 , 8 5 0 at the end of

A bank offers you

1 %

for

7

years. The first

4

years you deposit $

3, 850

at the end of each year, then no more after that. How much would your account have at the end of the

7

years?

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