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Danny creates up an investment arrangement for friend that will return $5000 the first year, $6125 the second year, $7250 the third year, and so

Danny creates up an investment arrangement for friend that will return $5000 the first year, $6125 the second year, $7250 the third year, and so on, for 30 years. State appropriate formulae and determine, how much will the investment yield altogether?

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