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Suppose today you open a new investment account and deposit the first of 18 annual payments of $64 per year (you make no further deposits
Suppose today you open a new investment account and deposit the first of 18 annual payments of $64 per year (you make no further deposits after that). The account pays an interest rate of 4.7% per year. What will be the balance in the account 39 years after you make the first deposit? Express your answer rounded to the NEAREST DOLLAR (i.e., your answer should be an integer. Do not include a dollar sign when entering your answer)
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