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A person invests $5000 at the beginning of a year in a savings account that of ers a return of 4.5% compounded annually. At the

  • A person invests $5000 at the beginning of a year in a savings account that of ers a return of 4.5% compounded annually. At the beginning of each subsequent year an additional $1000 is invested in the account. How much will there be in the account at the end of ten years?

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