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Lets say that you are saving up for retirement and decide to deposit $2,500 each year for the next 8 years into an account which
Lets say that you are saving up for retirement and decide to deposit
$2,500 each year for the next 8 years into an account which pays a rate of interest
of 3.5% per year. By how much will your accumulated nest egg vary if you make
each of the 8 deposits at the beginning of the year, starting right away, rather than
at the end of each of the next 8 years?
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