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If you save $1,000 into an account at the beginning of each year for the next five years, and the account pays 8% p.a. compounding

If you save $1,000 into an account at the beginning of each year for the next five years, and the account pays 8% p.a. compounding annually, how much will you have in the account at the end of five years?

A. $6,335.93

B. $6,558.64

C. $5,866.60

B. $5,400.00

D. $5,686.86

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