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You plan to make deposits at the end of years 1 through 7 in an account paying an interest of 10% per year. The deposits
You plan to make deposits at the end of years 1 through 7 in an account paying an interest of 10% per year. The deposits start at $5,000 (1st deposit) and increase by $1,000 each year. How much will be in the account immediately after the last deposit (7th deposit)? Do not enter a dollar sign and round your answer to two decimal places.
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