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Claude made annual deposits of $4300 at the beginning of every one-year period into a fund earning 4.7% compounded annually for nine years. No further
Claude made annual deposits of $4300 at the beginning of every one-year period into a fund earning 4.7% compounded annually for nine years. No further deposits were made.
(a) How much will be in the account thirteen years after the first deposit?
(b) How much in total was deposited?
(c) How much interest will have been earned?
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