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A company wants to accumulate a sum of money to repay certain debts due in the future. The company will make annual deposits of $

A company wants to accumulate a sum of money to repay certain debts due in the future. The company will make annual
deposits of $140,000 into a special bank account at the end of each of 10 years. Assuming the bank account pays
7% interest compounded annually, what will be the fund balance after the last payment is made in ten years?
Note: Round your final answers to nearest whole dollar amount.
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