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You are saving for retirement, and you plan to deposit $2,500 per year in a RRSP account, paying 5% compounded annually. The first deposit was

You are saving for retirement, and you plan to deposit $2,500 per year in a RRSP account,
paying 5% compounded annually. The first deposit was made on January 1 this year.
How much will you have at the end of 25 years later? Round your answer to two decimals.

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