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Norberto Garcia would like to buy a week-end get away in the North Georgia Mountains in five years and needs to save an adequate down
Norberto Garcia would like to buy a week-end get away in the North Georgia Mountains in five years and needs to save an adequate down payment. He plans on depositing $4,000 per year in an investment account where he will earn 5% interest compounded annually. How much will Norberto have saved at the end of the five years?
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