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Your retirement account has a current balance of $45,000. If you add $5,000 per year for the next 10 years with the first payment occurring
Your retirement account has a current balance of $45,000. If you add $5,000 per year for the next 10 years with the first payment occurring 1 year from today, how much will you have in your account at the end of 10 years (fv)? Assume 6% annual interest.
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