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How much money will you accumulate by the end of year 5 if you deposit $5,000 each year for the next five years in a
How much money will you accumulate by the end of year 5 if you deposit $5,000 each year for the next five years in a savings account that earns 7.55% per year?
| 1. | $29,071 | |
| 2. | $28,185 | |
| 3. | $32,500 | |
| 4. | $26,500 | |
| 5. | $26,579 |
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