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Todd is saving $3000 annually into an account with payments at the end of each year. He plans to increase the annual level of savings

Todd is saving $3000 annually into an account with payments at the end of each year. He plans to increase the annual level of savings by 5% each year he can earn 9% annually. How much will he have in the account at the end of 20 years?

Use the HPB2 plus calculator in your explanation.

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