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You invested $ 2 m today in an account that is expected to earn 1 5 % annually for the next five years. As a
You invested $m today in an account that is expected to earn annually for the next five years. As a result of this investment, the account will pay you the same amount $Y per year for the next five years, after which you will have $ in the account. At the end of year what is the balance in the account after the withdrawal of the first $Y
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