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One year from now, you deposit $1000 in a savings account. You deposit $2500 the following year. Then you wait three more years (until 5

One year from now, you deposit $1000 in a savings account. You deposit $2500 the following year. Then you wait three more years (until 5 years from now) and deposit $2000. If your account always earns 5% annual interest and you make no withdrawals, how much will be in the account 15 years from now?

Answer Choice:

a. 8,364.74

b. 13,125.63

c. 12,537.45

d. 9,951.84

e. 11,174.92

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