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You plan to deposit $2,200 per year for 4 years into a money market account with an annual return of 3%. You plan to make
You plan to deposit $2,200 per year for 4 years into a money market account with an annual return of 3%. You plan to make your first deposit one year from today.
What amount will be in your account at the end of 4 years?
Assume that your deposits will begin today. What amount will be in your account after 4 years?
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