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You want to buy a new sports car 3 years from now, and you plan to save $4,000 per year, beginning one year from today.

You want to buy a new sports car 3 years from now, and you plan to save $4,000 per year, beginning one year from today. You will deposit your savings in an account that pays 6.5% interest. How much will you have just after you make the 3rd deposit, 3 years from now? Group of answer choices

$12,986

$12,635

$12,364

$12,486

$12,797

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