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Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $16,000
Lifetime savings accounts, known as LSAs, allow people to invest after-tax money without being taxed on any of the gains. If an engineer invests $16,000 now and $16,000 each year for the next 18.00 years, how much will be in the account immediately after the last deposit, provided the account grows by 11.00% per year? (Round the final answer to three decimal places.)
After the last deposit, the balance in the account will be $ .
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