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Suppose you make 3 0 annual investments in a fund that pays 6 % compounded annually. If your first deposit is $ 8 , 0

Suppose you make

30

annual investments in a fund that pays

6 %

compounded annually. If your first deposit is $

8, 000

and each successive deposit is

6 %

greater than the preceding deposit, how much will be in the fund immediately after the

30

th deposit?

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