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Suppose you plan to deposit $ 1 0 0 0 into an account next year, and increase the deposit each year by 5 % .

Suppose you plan to deposit $1000 into an account next year, and increase the deposit each year by 5%. How how much will you have in the account after 10 years if the account earns an effective annual return of 9.25%?
Enter answer in dollars, rounded to the nearest dollar.

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