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Find the future value of deposit of $500 per year for the next 20 years at 5% interest rate assuming that the deposits are made

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Find the future value of deposit of $500 per year for the next 20 years at 5% interest rate assuming that the deposits are made at the beginning of each year. 1) $17,359.63 2) $28,637.50 3) $31.501.25 4) $40,488.50 5) $50,888.55

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