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Assume that you deposit $1,127 each year for the next 15 years into an account that pays 10 percent per annum. The first deposit will
Assume that you deposit $1,127 each year for the next 15 years into an account that pays 10 percent per annum. The first deposit will occur one year from today (that is, at t=1 ) and the last deposit will occur 15 years from today (that is, at t=15 ). How much money will be in the account 15 years from today? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign
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