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You plan to deposit $500 at the end of every year for 10 years starting at the end of year 1. Then after leaving the
You plan to deposit $500 at the end of every year for 10 years starting at the end of year 1.
Then after leaving the money in the account for several years, you plan to withdraw everything 20 years from today.
How much is available to withdraw at the end of year 20 if the account pays 5% interest annually?
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