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Your grandfather has agreed to deposit a certain amount of money at the end of each year into an account paying 7 percent annually to
Your grandfather has agreed to deposit a certain amount of money at the end of each year into an account paying 7 percent annually to help you go to graduate school. Starting next year, and for the following four years, he plans to deposit 7,448, 8,196, 7,541, 6,010, and 12,412 into the account. How much will you have at the end of the five years? Give your answer as a whole number.
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