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Posted on Sep 13, 2024

You invest $ 1 , 8 0 4 at the beginning of every year and your friend invests $ 1 , 8 0 4 at

You invest $

1, 804

at the beginning of every year and your friend invests $

1, 804

at the end of every year. If you both earn an annual rate of return of

5.09 %,

how much will your friend have in your account after

38

years?

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