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I do not understand the formula I am supposed to use Assume you deposit $5,200 at the end of each year into an account paying
I do not understand the formula I am supposed to use
Assume you deposit $5,200 at the end of each year into an account paying 10 percent interest. How much money will you have in the account in 17 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annuity future value $ How much will you have if you make deposits for 34 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annuity future value $
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