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Suppose you deposited the $1,000 in 4 payments of $250 each at the end of Years 1, 2, 3, and 4. How much would you

Suppose you deposited the $1,000 in 4 payments of $250 each at the end of Years 1, 2, 3, and 4. How much would you have in your account at the end of Year 4, based on 8% annual compounding?

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