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You deposit $ 3 0 0 0 today in an account earing 3 . 5 % annual interest and keep it for 1 0 years.
You deposit $ today in an account earing annual interest and keep it for years. In years, you add $ to your account, but the rate on your account changes to annual interest for existing balance and new deposit You leave the account untouched for an additional years. How much money you will have years from now in this account?
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