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Your grandfather has decided to reward you for your great grade earned in corporate finance. As a reward he has decided to give you $1,500

Your grandfather has decided to reward you for your great grade earned in corporate finance. As a reward he has decided to give you $1,500 at the end of each year for the next five years to help you purchase a house at that time. How much will your account be worth if you leave all the funds in the account for the five-year period?

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