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You plan to work for a private firm 10 years, then start your own business. You expect to save and deposit $50,000 a year for
You plan to work for a private firm 10 years, then start your own business. You expect to save and deposit $50,000 a year for each of the 10 years. The first deposit will be made a year from today. If the account earns 9.1% compounded annually, how much will you have when you start your business 10 years from now
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