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A semiconductor company that manufactures electronic components is planning to set aside money for a future expansion. The company will deposit 50,000 for the first

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A semiconductor company that manufactures electronic components is planning to set aside money for a future expansion. The company will deposit 50,000 for the first three years and then increase the deposit by 10,000 each year thru year 10. How much will the company have in the account immediately after the last deposit if the interest rate earned is 12% per year

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