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Suppose that at the end of each of the next 50 years you will deposit $1000 in an account paying $10% interest annually. A) Assuming

Suppose that at the end of each of the next 50 years you will deposit $1000 in an account paying $10% interest annually.

A) Assuming that the first deposit will occur one year from now, How much money will be in the account at the end of the 50 years? Round your final answer to two decimals.

B) Assuming that the first deposit will occur immediately, How much money will be in the account at the end of the 50 years? Round your final answer to two decimals.

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