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You want to save $ 5 , 0 0 0 per year for consecutive 1 0 years ( only 1 0 deposits ) , beginning

You want to save $

5, 000

per year for consecutive

10

years

(

only

10

deposits

),

beginning today. The money will be deposited in an account that provides

5 %

return p

.

.,

compounded annually. How much will you have

10

years from now?

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