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Joe plans to deposit $400 on the first day of each of the next fifteen years, beginning today. If he earns 5.5% compounded annually, how
Joe plans to deposit $400 on the first day of each of the next fifteen years, beginning today. If he earns 5.5% compounded annually, how much will he have at the end of fifteen years? Group of answer choices
A. $9,456.46
B. $8,963.47 $
C. 4,235.86
D. $892.99
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