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Ridley Corp. plans to make an investment today that promises to return $10,000 each year for five (5) years beginning one year from today.

Ridley Corp. plans to make an investment today that promises to return $10,000 each year for five (5) years beginning one year from today. The investment account will earn 7% compounded annually. At the end of five years, the investment account balance will be zero.

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