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You want to buy a new ski boat 2 years from now, and you plan to save $4,224 per year, beginning one year from today.

You want to buy a new ski boat 2 years from now, and you plan to save $4,224 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. The amount you have just after you make the 2nd deposit, 2 years from now is?

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