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Fritz has asked his financial adviser how much he would accumulate if he were to start adding $5,000 at the end of each year for
Fritz has asked his financial adviser how much he would accumulate if he were to start adding $5,000 at the end of each year for the next 20 years to his investment account, which is currently worth $22,450. He anticipates earning an average annual return of 6.5% on his investments. What would Fritz's investment account be worth in 20 years, assuming he earns this annual rate of return
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