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Suppose you set aside 3 , 0 0 0 at the beginning of each year for the next 5 years, and invest the money in

Suppose you set aside 3,000 at the beginning of each year for the next 5 years, and invest the money in a savings account. If the interest rate is 4% per year (compounding quarterly), what is the balance of your savings account at the end of the 5 years?

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