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You are expecting to deposit the following amount at the end of each year for the next 5 years in a savings account: Year 1

You are expecting to deposit the following amount at the end of each year for the next 5 years in a savings account:

Year	1	2	3	4	5
Cash flow	$100	0	0	$250	$500

If the savings account pays 7% interest per year compounded annually, how much will you have at the end of year 7?

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