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Eric plans to deposit $8,000 per year in his son's college savings account each of the next 14 years. If he makes the first deposit
Eric plans to deposit $8,000 per year in his son's college savings account each of the next 14 years. If he makes the first deposit one year from today and the account earns an interest rate of 5% per year, how much will Eric have saved immediately after he makes his final deposit? Enter your answer as a positive number rounded to the nearest dollar.
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