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Suppose that you a have a saving account at a bank that pays 7% per year. Suppose that you deposit an amount of $455 in

  1. Suppose that you a have a saving account at a bank that pays 7% per year. Suppose that you deposit an amount of $455 in the bank today followed by the following additional deposits: $565 in year one, $525 in year two, you miss depositing any amount in year three, then you deposit $590 in year four. How many dollars would you have in your saving account at the end of year four (after you make the deposit at time point 4)?

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