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It's the first day of the year and you currently have $ 2 0 , 0 0 0 in the bank. You plan to deposit
It's the first day of the year and you currently have $ in the
bank. You plan to deposit $ at the end of every year for the next years, with
the first payment made year from now from t to t inclusive
If bank interest rates are pa how much money will be in your bank account a
moment after making your last deposit in years?
a $
b $
c $
d $
e $
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