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Suppose you deposit $1,000 into your bank account at the end of each of the next 16 years. If the interest rate is 7%, how

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Suppose you deposit $1,000 into your bank account at the end of each of the next 16 years. If the interest rate is 7%, how much would you have accumulated at the end of 16 years? Enter your response below (rounded to 2 decimal places). 27888.05

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