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You currently have $10,000 in your savings account, which pays 7%. You plan to deposit $4,000 more at the end of each of the next
You currently have $10,000 in your savings account, which pays 7%. You plan to deposit $4,000 more at the end of each of the next 3 years into this same account. You then let the money sit in the account for another 2 years. How much will be in the account at the end of year 5?
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