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Rob invests $1,500 today and another $500 a year from now. His investments starting year 2 keeps increasing by $100 every year for the next
Rob invests $1,500 today and another $500 a year from now. His investments starting year 2 keeps increasing by $100 every year for the next 10 years from today. If he earns a rate of return of 10% on his investments before taxes, what will be future worth of his investments 20 years from now?
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