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John is planning for his retired life. He plans to invest an equal sum of $ 2 5 , 0 0 0 at the end

John is planning for his retired life. He plans to invest an equal sum of $25,000 at the end of every year for the next 25 years starting from the end of the next year. The bank gives 20% interest rate, compounded annually. Find that maturity value for his account at retirement is about
$15,432,300
$9,845,600
$13,210,450
$11,799,550
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