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Ms. Elm plans to save money for 38 years. She will deposit $6,600 into an account at Fir Financial Funds at the beginning of each

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Ms. Elm plans to save money for 38 years. She will deposit $6,600 into an account at Fir Financial Funds at the beginning of each of years 1 - 17, and then $7,700 at the beginning of each of years 18 through 38. If a 4.8% average annual rate of return can be earned on the growing balance, how much money will be in the account by the end of year 38? O A $717,564.06 B. 5457,514.48 C. 5752,007.13 D. 5677,351.20 E. $709,864.06

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