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Jane Smith has $20,000 in a brokerage account, and she plans to contribute an additional $7,500 to the account at the end of every year.
Jane Smith has $20,000 in a brokerage account, and she plans to contribute an additional $7,500 to the account at the end of every year. The brokerage account has an expected annual return of 8%. How much money Jane will have after 10 years?
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