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You plan to deposit $400 at the end of each year for 16 years in an account that pays 9 percent compoun ded annually. The

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You plan to deposit $400 at the end of each year for 16 years in an account that pays 9 percent compoun ded annually. The terminal value at the end of the 16 year period is closest to $19,329 $13,201. $17,667 $9,634

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