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Arya Dancing Masters Academy will deposit $25,000 at the end of each year for 8 years into a fund to save up to purchase a
Arya Dancing Masters Academy will deposit $25,000 at the end of each year for 8 years into a fund to save up to purchase a building for a new dance studio. If the fund can earn a rate of 7%, what is the amount accumulated at the end of the 8 years?
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