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Assume you plan to buy a condo 5 years from now, and you estimate that you can save ( $ 2 , 5

Assume you plan to buy a condo 5 years from now, and you estimate that you can save \(\$ 2,500\) per year. You plan to deposit the money in a bank account that pays \(4\%\) interest. and you will make the first deposit at the beginning of the year. How much will you have after 5 years?

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