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Suppose you deposit $2,000 at the end of year one, nothing at the end of year 2, $800 at the end of year 3, and
Suppose you deposit $2,000 at the end of year one, nothing at the end of year 2, $800 at the end of year 3, and $1,200 and the end of year 4. Assume these amounts will be compounded at an annual rate of 8%. How much will you have deposited at the end of year 5?
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